Author : Shahid Yusuf,Kaoru Nabeshima,Dwight Heald Perkins
Publisher : World Bank Publications
Page : 300 pages
File Size : 53,7 Mb
Release : 2006
Category : Business & Economics
ISBN : 9780821356258
Under New Ownership by Shahid Yusuf,Kaoru Nabeshima,Dwight Heald Perkins Pdf
Although China's centrally planned economy is a little more than a shadow of its former self, the closely inter-linked reforms of the enterprise and banking sectors are still incomplete. The relative size of the state-owned enterprise sector has been much reduced, however, the sector remains the dominant borrower from the banking system and is responsible for the majority of bank non-performing assets. Thus in the interests of financial stability it is crucial to implement the remaining reform agenda. The accession to the WTO has also made it more urgent for China's most-dynamic state-owned en.