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Prospects for China's corporate bond market

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Author Info

  • Galina Hale

Abstract

This Economic Letter explores whether China's corporate bond market is likely to develop as an alternative to bank financing for private Chinese firms.

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File URL: http://www.frbsf.org/publications/economics/letter/2007/el2007-07.html
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File URL: http://www.frbsf.org/publications/economics/letter/2007/el2007-07.pdf
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Bibliographic Info

Article provided by Federal Reserve Bank of San Francisco in its journal FRBSF Economic Letter.

Volume (Year): (2007)
Issue (Month): mar16 ()
Pages:

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Handle: RePEc:fip:fedfel:y:2007:i:mar16:n:2007-07

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Related research

Keywords: Bond market ; China ; Corporate bonds;

References

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  1. Wendy Dobson & Anil K Kashyap, 2006. "The Contradiction in China’s Gradualist Banking Reforms," Working Papers Series 08, Rotman Institute for International Business, Joseph L. Rotman School of Management, University of Toronto.
  2. Diamond, Douglas W, 1991. "Monitoring and Reputation: The Choice between Bank Loans and Directly Placed Debt," Journal of Political Economy, University of Chicago Press, vol. 99(4), pages 689-721, August.
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Cited by:
  1. Prasad, Eswar & Ye, Lei (Sandy), 2012. "The Renminbi's Role in the Global Monetary System," IZA Discussion Papers 6335, Institute for the Study of Labor (IZA).
  2. Weill, Laurent & Pessarossi , Pierre, 2011. "Choice of Corporate Debt in China: The Role of State Ownership," BOFIT Discussion Papers 29/2011, Bank of Finland, Institute for Economies in Transition.

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