IDEAS home Printed from https://ideas.repec.org/a/taf/pocoec/v33y2021i1p119-132.html
   My bibliography  Save this article

Financial repression and financial risk: the case of China

Author

Listed:
  • Sarah Chan

Abstract

Despite more than three decades of economic reform, China’s financial repression still remains. Implicit state guarantees continue to be widespread while government interventions are pervasive in almost all economic activities, from determination of bank lending and deposit rates to selective allocation of credit and initial public offering quotas, as well as having majority control of large financial institutions. These financial distortions come with costs which have become heavier over time, particularly after 2008. This paper attempts to provide an integrated perspective in examining how financial repression in China has led to economic imbalances that elevate financial risk, particularly in the midst of ongoing US-China trade tussle and the Covid-19 pandemic.

Suggested Citation

  • Sarah Chan, 2021. "Financial repression and financial risk: the case of China," Post-Communist Economies, Taylor & Francis Journals, vol. 33(1), pages 119-132, January.
    • Handle: RePEc:taf:pocoec:v:33:y:2021:i:1:p:119-132
    DOI: 10.1080/14631377.2020.1833554
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/14631377.2020.1833554
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/14631377.2020.1833554?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Wei Qiu & Yinghua Li & Haitao Wu, 2023. "The role of direct financing on regional green development: inhibition or promotion?," Economic Change and Restructuring, Springer, vol. 56(5), pages 3665-3699, October.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:pocoec:v:33:y:2021:i:1:p:119-132. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/CPCE20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.