Foreign Banks And Global Finance In Modern China

Author : Ghassan Moazzin
Publisher : Cambridge University Press
Page : 355 pages
File Size : 53,8 Mb
Release : 2022-07-07
Category : Business & Economics
ISBN : 9781009036986

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Foreign Banks and Global Finance in Modern China by Ghassan Moazzin Pdf

In this wide-ranging study, Ghassan Moazzin sheds critical new light on the history of foreign banks in late nineteenth and early twentieth century China, a time that saw a substantial influx of foreign financial institutions into China and a rapid increase of both China's foreign trade and its interactions with international capital markets. Drawing on a broad range of German, English, Japanese and Chinese primary sources, including business records, government documents and personal papers, Moazzin reconstructs how during this period foreign banks facilitated China's financial integration into the first global economy and provided the financial infrastructure required for modern economic globalization in China. Foreign Banks and Global Finance in Modern China shows the key role international finance and foreign banks and capital markets played at important turning points in modern Chinese history.

Author : Yi Liu
Publisher : Unknown
Page : 0 pages
File Size : 44,9 Mb
Release : 2023
Category : Electronic
ISBN : OCLC:1407002561

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Review On: Ghassan Moazzin: Foreign Banks and Global Finance in Modern China by Yi Liu Pdf

Author : Linsun Cheng
Publisher : Cambridge University Press
Page : 314 pages
File Size : 43,8 Mb
Release : 2003-03-06
Category : Business & Economics
ISBN : 0521811422

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Banking in Modern China by Linsun Cheng Pdf

This is the first book to document in English the evolution of modern Chinese banking, from the establishment in 1897 of the first Chinese bank along a Western model, to the abrupt interruption of professional banking by the Japanese invasion in 1937. Drawing from original documents of major Chinese banks, Linsun Cheng explains how and why the banks were able, despite a succession of foreign and domestic crises, to grow into viable and self-sustaining institutions in China. Rich with new, unpublished historical details, this book offers an original, comprehensive narrative of the origins and growth of professional banks.

Author : Ji Zhaojin
Publisher : Routledge
Page : 320 pages
File Size : 49,9 Mb
Release : 2016-07-08
Category : Business & Economics
ISBN : 9781317478072

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A History of Modern Shanghai Banking: The Rise and Decline of China's Financial Capitalism by Ji Zhaojin Pdf

As the center of capitalism in China, Shanghai banking provides a unique perspective for assessing the impact of the changes from financial capitalism to socialist planning banking in the early 1950s, and for evaluating the reform of China's banking system since the 1980s. This book offers a comprehensive history of Shanghai banking and capital markets from 1842 to 1952, and illustrates the non-financial elements that contributed to the revolutionary social and financial changes since the 1950s, as well as financial experiences that are significant to China's economic development today. The book describes the rise and fall of China's traditional native banks, the establishment of foreign banks, and the creation of modern state banks, while focusing on the colorful world of banking, finance, and international relations in modern Shanghai. It assesses the Chinese government's intervention in banking and finance during the Qing dynasty and the Republican era, as well as the concept of state capitalism after the establishment of the People's Republic. The author examines various modern-style Chinese banks through fascinating stories of Shanghai bankers. In addition, she provides detailed coverage of market-oriented international trade, banking associations, the conflicts between state and society, the government involvement in business, the management of foreign exchange, joint venture banks, wartime banking and finance, hyperinflation, corruption, and banking nationalization.

Author : Peter G. Zhang
Publisher : John Wiley & Sons
Page : 242 pages
File Size : 44,7 Mb
Release : 2011-02-15
Category : Business & Economics
ISBN : 9780470827406

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The Chinese Yuan by Peter G. Zhang Pdf

Few topics have attracted as much attention worldwide in recent years as the RMB. These debates have gained added urgency in light of the financial crisis and the topic of RMB revaluation is now being actively debated in countries all over the world from Tunisia to the United States. This book explores the ever-changing role of the RMB and the related derivative products. However, it does so from a view that is heavily influenced by the fallout from the financial crisis as well as the in the context of the increasing maturity of the Chinese capital markets. The author has drawn on his experience as a regulator to provide invaluable views, insights and information on RMB derivative products and the development of this market going forward. Key topics include: Overview of current China economy and its capital market In-depth analysis on the China's banking system and foreign exchange system Extensive analysis of on-shore and off-shore financial products in China Explanation of the needs and reasons for RMB products innovation Insights into the internationalization of the RMB Not only will this book leave its readers with a much clearer idea of the structure of China's capital markets but it also gives insights on the market going forward leveraged through Peter Zhang's many years of experience as both a senior banker and through his integral role in the key regulatory authority of the banking sector, the CBRC.

Author : Chen Zhengping
Publisher : Paths International Ltd
Page : 260 pages
File Size : 51,5 Mb
Release : 2014-06-30
Category : Business & Economics
ISBN : 9781844641499

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Brief History of Finance in China by Chen Zhengping Pdf

This is a short history of finance in China, covering the development of native financial institutions and practices, the influx of foreign banks, financial policies of governments in modern China and the beginnings of the Chinese Communist Party financial system. It has six chapters.Not much has been written in English for general readers on the history of finance in China.A Brief History of Finance in China is a good overview of this topic, and would interest those who realize that business culture in China has a lot to do with the history of financial institutions and foreign capital in the country. It is also suitable in the way that it talks about Chinese traditions, not just its modern finances.This a new approach and should also appeal to those searching for a reference book with information about China's business history.

Author : Shenglin Ben,Jiefang Yu,Yue Gu,Jiamin Lv,Lijun Zhang,Huichao Gong,Hanting Gu,Qi Shuai
Publisher : Springer
Page : 167 pages
File Size : 53,8 Mb
Release : 2018-03-17
Category : Business & Economics
ISBN : 9789811077302

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In Pursuit of Presence or Prominence? by Shenglin Ben,Jiefang Yu,Yue Gu,Jiamin Lv,Lijun Zhang,Huichao Gong,Hanting Gu,Qi Shuai Pdf

This book summarizes Chinese banks’ achievements in global markets and examines the differences between Chinese and foreign banks. It also explores the future roadmap of internationalization and the risks involved in the process, in order to provide reference resource for Chinese banks. Based on the CBII (Chinese Bank Internationalization Index), which was first released in 2015, the book introduces the Banks’ Internationalization Index (“BII”) and expands the BII by examining two groups of data, including the number of overseas branches, overseas assets and revenue. In addition it analyzes representative Chinese banks’ internationalization, using 16 of the Global Systemically Important Banks (G-SIBs) as benchmarks. ​

Author : Li Yang,Robert Lawrence Kuhn
Publisher : John Wiley & Sons
Page : 192 pages
File Size : 41,5 Mb
Release : 2012-11-27
Category : Business & Economics
ISBN : 9781118580288

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China's Banking and Financial Markets by Li Yang,Robert Lawrence Kuhn Pdf

"This is a very timely book. With the recapitalization and reformof China's banking sector now well under way, the banks are on thebrink of a new era of growth and expansion. This work is thedefinitive reference on the banking sector in China, and is anessential tool for anyone seeking to understand the dynamics offinancial intermediation on the Mainland. It sets out the facts,free of the judgment calls that so often cloud the true picture ofthe health of China's banking system." --Dr. David K.P. Li, Chairman and Chief Executive, The Bank of EastAsia, Limited "As China continues its impressive pace of economic growth, therest of the world is constantly reassessing the opportunities andchallenges it presents. This book is the first official report onthe status of China's financial services industry and financialmarkets. For the first time, the international community getsaccess to the same information that the Chinese government uses inmaking key policies. Such unique insights make this book anessential read for business leaders, investors, policy makers,scholars, and anyone who is interested in understanding China'sprofound impact on businesses and consumers globally." --Maurice R. Greenberg, Chairman & CEO, C.V. Starr &Co. "This is the first book that introduces all aspects of the Chinesebanking and financial markets to international audiences. From itsdevelopmental history to its contemporary challenges, China'sbanking and finance markets are presented, explored and analyzedwith great detail and in great depth. Both the richness of the dataand the scholarly strength of the methodology are a milestone.China's increasing participation in global financial markets makesthis book a must read for all financial professionalsworldwide." --Lefei Liu, Chief Investment Officer, ChinaLife Insurance

Author : James Stent
Publisher : Oxford University Press
Page : 272 pages
File Size : 48,6 Mb
Release : 2016-11-01
Category : Business & Economics
ISBN : 9780190497040

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China's Banking Transformation by James Stent Pdf

In this timely and provocative book, James Stent, a banker with decades of experience in Asian banking and fluency in Chinese language, explains how Chinese banks work, analyzes their strengths and weaknesses, and sets forth the challenges they face in a slowing economy. Without minimizing the real issues Chinese banks face, China's Banking Transformation challenges negative media accounts and reports of "China bears". Based on his 13 years of service on the boards of China Minsheng Bank, a privately owned listed bank, and China Everbright Bank, a state-controlled listed bank, the author brings the informed view of an insider to the reality of Chinese banking. China's Banking Transformation demonstrates that Chinese banks have transformed into modern, well-run commercial banks, playing a vital role supporting China's extraordinary economic growth. Acknowledging that China's banks are different from Western banks, the author explains that they are hybrid banks, borrowing extensively from Western models, but at the same time operating within a traditional Chinese cultural framework and in line with China's governance model. From his personal experience working at board level, Stent describes the governance and management of China's banks, including the role of the Communist Party. He sees China's banks as embedded in ancient concepts of how government and society work in China, and also as actors within a market socialist political economy. The Chinese banking system today bears similarities with banking in Northeast Asian "developmental states" of recent past, and also pre-1949 Chinese banking. As the first account of Chinese banking by a Westerner who has worked in China's banks, China's Banking Transformation should be read by anyone interested in the political economy of contemporary China, in Asian development issues, and in banking issues generally. The book dispels misconceptions and provides insight into the financial aspects of China's economic growth story.

Author : Martha Avery,Min Zhu,Jinqing Cai
Publisher : John Wiley & Sons
Page : 668 pages
File Size : 53,8 Mb
Release : 2011-12-22
Category : Business & Economics
ISBN : 9781118179024

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China's Emerging Financial Markets by Martha Avery,Min Zhu,Jinqing Cai Pdf

"The 19th century belonged to England, the 20th century belonged to the US and the 21st century belongs to China. Invest accordingly." Warren Buffet This comprehensive resource presents the views of China's most highly respected economists, bankers, and policy makers--along with opinions from Western authorities--on the current state of banking and finance in China. Tracing the history of China's banking and finance system and looking toward its future, the book offers valuable insight for financial service providers, bankers, private equity and hedge fund managers, and equity research and credit analysts. Contributors to the book includes: Jamie Dimon — Chairman & CEO, JPMorgan Chase Bank Guo Shuqing — Chairman, China Construction Bank Paul Volcker — Former Chairman, U.S. Federal Reserve Stephen S. Roach — Chairman, Morgan Stanley Asia Wang Dongming — Chairman, CITIC Securities Co., Ltd; and many more!

Author : Junie T. Tong
Publisher : CRC Press
Page : 240 pages
File Size : 47,6 Mb
Release : 2016-04-15
Category : Business & Economics
ISBN : 9781317135210

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Finance and Society in 21st Century China by Junie T. Tong Pdf

In this revealing book Junie Tong reflects on the role of banking and finance in China. The author adopts a critical perspective that views the societal as well as economic functioning of banking and finance. Finance and Society in 21st Century China considers how far the modern economy is disconnected from Chinese culture and history and the problems this separation may cause. She questions the common assumption that China has outgrown its reliance on its Western counterparts. The author believes that the country is still very much dependent on exports and foreign investments and any radical or rapid reduction in either would have serious adverse consequences for China's sustainable economic growth. To provide a model for 'finance and society' that integrates culture and economy, Tong draws on the seminal work of Belgian economist, banker and social commentator, Bernard Lietaer, who has focused on cultural forces and the future of money in the world, generally. Using representative case studies for illustration, Tong applies Lietaer's work in a specifically Chinese context, highlighting the need to root finance and enterprise in the rhythms and forces within Chinese culture to avoid future chaos and achieve socio-economic stability in a country now so critical to global well-being.

Author : Xin Zhang
Publisher : Springer Nature
Page : 327 pages
File Size : 48,5 Mb
Release : 2021-10-23
Category : Law
ISBN : 9789811663406

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Law and Practice of Debt Finance in Modern China by Xin Zhang Pdf

This book provides updated, full-picture analysis of the laws and practices of cross-border debt finance in the PRC. It is featured by the first-handed experiences of the author’s academic research and legal practice in this field over two decades. The author discusses legal and regulatory issues, transaction structures and documentation in relation to two debt finance products: loan and bond, covering the inbound structure (Chinese debtors’ raising funds from the international market) and the outbound structure (Chinese creditors’ supplying funds to the international market). For cross-border loans, this book thoroughly illustrates the foreign debt regulatory regime in the PRC and approaches the lending by Chinese banks to support exports and overseas investments under the “Belt and Road Initiative” (BRI). For cross-border bonds, it discusses how Chinese issuers, by designing various transaction structures, enter into the international bond market, and then researches the “opening-up” of Chinese bond market to both international issuers (for issuing “Panda Bonds”) and investors (for purchasing Chinese bonds). This book is used as an authoritative source for not only students and researchers, but also bankers and legal practitioners, who are interested in the Chinese debt finance market.

Author : Shen Wei
Publisher : Routledge
Page : 279 pages
File Size : 41,8 Mb
Release : 2020-10-18
Category : Business & Economics
ISBN : 9781000200348

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Conceptualizing the Regulatory Thicket by Shen Wei Pdf

This book examines the regulatory framework, regulatory objectives, regulatory logics, regulatory instruments, regulatory failures, and regulatory responses in China’s financial market after the global financial crisis. The book provides an in-depth analysis of China’s contemporary financial regulatory system, focusing on risks, regulation, and policies in practice. By drawing on public and private interest theories relating to financial regulation, the book contends that the controlled development of the banking sector, and the financial sector generally, has transformed China’s banks into more market-oriented institutions and increased public sector growth. However, China’s financial market and financial regulation have some inherent weaknesses and deficiencies. This book also offers insights into how this can be improved or adapted to minimize systemic risks in China’s financial sector. This book tries to prove that financial regulation is not just a vehicle for maintaining efficient financial markets but a primary tool through which the Chinese government achieves its political and economic objectives. More fundamentally, according to the law and finance theory, strong market and vibrant judicial systems are needed to further modernize China’s financial markets and market economy. The book will be a useful reference for anyone interested in learning from the Chinese experience.

Author : Professor Wei Wang
Publisher : Ashgate Publishing, Ltd.
Page : 384 pages
File Size : 44,9 Mb
Release : 2013-05-28
Category : Law
ISBN : 9781472412874

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China's Banking Law and the National Treatment of Foreign-Funded Banks by Professor Wei Wang Pdf

This book assesses new developments in and reform of China's banking law system following its accession of the WTO. It focuses on the relationship between GATS/WTO national treatment obligations and China's banking law. Tracing the history of national treatment in China, the book compares the treatment of foreign-funded banks with the treatment of Chinese-funded banks and examines the structure and shortcomings of the existing banking law framework in China. Offering suggestions as to how the framework could be restructured and analysing the economic and political bases of an integrated banking law framework, the book argues that reorganization would bring about greater consistency with GATS/WTO national treatment requirements. The book also explores the ambiguous definition of prudential carve-out, the subtle relationship between GATS national treatment and market access based on WTO cases, national treatment clauses in China’s bilateral investment treaties, and special treatment on banking in China’s free trade agreements. This volume is a valuable resource for academics and students as well as professionals and policy-makers working in the field of banking, WTO, Chinese law and foreign trade.

Author : Yuanyuan Peng
Publisher : Routledge
Page : 216 pages
File Size : 43,8 Mb
Release : 2007-08-18
Category : Business & Economics
ISBN : 9781134098385

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The Chinese Banking Industry by Yuanyuan Peng Pdf

This book provides detailed systematic micro-level analysis of the historical development of the Chinese banking industry, focusing in particular on the development of the Bank of China (BOC) in the period 1905 to 1949. Banking reform is a key area of China’s economic transformation, and this book, bringing a vast amount of material to a Western audience for the first time, provides a detailed evidence of the key challenges faced by a major Chinese bank. The book: addresses important issues in its evolution, including corporate governance government intervention, foreign competition and white-collar crime evaluates how the challenges in these areas were met considers the results of its efforts draws lessons for policy making today.