@article{ART001443792},
author={Il-Hyun Yoon},
title={China's Transitional Financial System:Evidence from the Growing Role ofFinancial Markets},
journal={Journal of Asia-Pacific Studies},
issn={1225-8539},
year={2010},
volume={17},
number={1},
pages={55-68},
doi={10.18107/japs.2010.17.1.004}
TY - JOUR
AU - Il-Hyun Yoon
TI - China's Transitional Financial System:Evidence from the Growing Role ofFinancial Markets
JO - Journal of Asia-Pacific Studies
PY - 2010
VL - 17
IS - 1
PB - Institute of Global Affairs
SP - 55
EP - 68
SN - 1225-8539
AB - This paper examines China's financial system which has been greatly transformed over the past three decades which saw sustained fast growth of economy. The financial system in China specifically showed gradual and cautious changes to avoid adverse impacts on its fast-growing economy. China's financial system, which the government traditionally used as a tool for implementation of the centrally planned economy under the regime of the socialism, has been moving towards that of a capitalist economy while China has been confronted with financial difficulties such as non-performing loans for banks and corporate governance for firms. Financial institutions and financial markets, two key poles in a national financial system, are discussed in detail. Although corporate funds have been heavily financed by indirect financing through bank loans, financial markets is playing an increasingly important role in the fund procurement in the corporate sector.
KW - Financial Institution;Financial Market;Financial Reform;Financial System;Non-performing Loans
DO - 10.18107/japs.2010.17.1.004
ER -
Il-Hyun Yoon. (2010). China's Transitional Financial System:Evidence from the Growing Role ofFinancial Markets. Journal of Asia-Pacific Studies, 17(1), 55-68.
Il-Hyun Yoon. 2010, "China's Transitional Financial System:Evidence from the Growing Role ofFinancial Markets", Journal of Asia-Pacific Studies, vol.17, no.1 pp.55-68. Available from: doi:10.18107/japs.2010.17.1.004
Il-Hyun Yoon "China's Transitional Financial System:Evidence from the Growing Role ofFinancial Markets" Journal of Asia-Pacific Studies 17.1 pp.55-68 (2010) : 55.
Il-Hyun Yoon. China's Transitional Financial System:Evidence from the Growing Role ofFinancial Markets. 2010; 17(1), 55-68. Available from: doi:10.18107/japs.2010.17.1.004
Il-Hyun Yoon. "China's Transitional Financial System:Evidence from the Growing Role ofFinancial Markets" Journal of Asia-Pacific Studies 17, no.1 (2010) : 55-68.doi: 10.18107/japs.2010.17.1.004
Il-Hyun Yoon. China's Transitional Financial System:Evidence from the Growing Role ofFinancial Markets. Journal of Asia-Pacific Studies, 17(1), 55-68. doi: 10.18107/japs.2010.17.1.004
Il-Hyun Yoon. China's Transitional Financial System:Evidence from the Growing Role ofFinancial Markets. Journal of Asia-Pacific Studies. 2010; 17(1) 55-68. doi: 10.18107/japs.2010.17.1.004
Il-Hyun Yoon. China's Transitional Financial System:Evidence from the Growing Role ofFinancial Markets. 2010; 17(1), 55-68. Available from: doi:10.18107/japs.2010.17.1.004
Il-Hyun Yoon. "China's Transitional Financial System:Evidence from the Growing Role ofFinancial Markets" Journal of Asia-Pacific Studies 17, no.1 (2010) : 55-68.doi: 10.18107/japs.2010.17.1.004
