IDEAS home Printed from https://ideas.repec.org/h/pal/palchp/978-0-230-59120-2_3.html
   My bibliography  Save this book chapter

Financial Fragility Revisited

In: Understanding China’s Growth

Author

Listed:
  • Chi Lo

Abstract

Despite more than twenty years of structural reforms, the stability of the Chinese banking system remains a key concern for China’s economic outlook. Many China observers are ambivalent about the health of the Chinese banks. Die-hard pessimists have argued for an eventual collapse of the banking system, dragging the economy down with it. Some others see the opening up of the banking system to fierce foreign competition under World Trade Organization (WTO) requirements aggravating China’s inherent financial woes, leading to an eventual banking implosion. There is also concern about the informal credit market, or the curb market as it is sometimes called, wreaking havoc on the formal banking system and reducing the effectiveness of monetary policy on demand management.

Suggested Citation

  • Chi Lo, 2007. "Financial Fragility Revisited," Palgrave Macmillan Books, in: Understanding China’s Growth, chapter 2, pages 39-66, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-59120-2_3
    DOI: 10.1057/9780230591202_3
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    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:pal:palchp:978-0-230-59120-2_3. 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: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.com .

    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.