Abstract
Considers the extent to which the low level of participation of foreign banks in the Chinese banking market is due to China's socialist market economy and its model of state control of the sector by means of state-directed regulators and the technique of state ownership. Discusses the principles and characteristics of a socialist market economy. Assesses the prospects for increased foreign investment in the sector.
Original language | English |
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Pages (from-to) | 186-192 |
Number of pages | 7 |
Journal | Journal of International Banking Law and Regulation |
Volume | 27 |
Issue number | 4 |
Publication status | Published - 2012 |
Externally published | Yes |