Why China's banking sector remains closed to meaningful foreign participation

Research output: Contribution to journalArticleResearchpeer-review

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 languageEnglish
Pages (from-to)186-192
Number of pages7
JournalJournal of International Banking Law and Regulation
Volume27
Issue number4
Publication statusPublished - 2012
Externally publishedYes

Cite this