China's unfinished economic revolution
Auteur :
Lardy, Nicholas R.
Éditeur :
Bloomsbury Publishing Plc
ISBN :
9780815751335
Date de publication :
1 juil. 1998
Dimensions :
22,9 x 15,2 x 1,9 cm
Poids :
463 g
Langue :
Anglais
Pays d'origine :
USA
This work argues that the common view that China's gradualistic approach has served it well overlooks the fact that state-owned banks for the last two decades have channeled household savings into money-losing companies. It suggests China should recapitalize and restructure its banking system.