Yao, Shujie; Han, Zhongwei; Feng, Genfu - In: The World Economy 31 (2008) 10, pp. 1310-1326
Since China joined the World Trade Organization in 2001, the pressure for bank reforms has mounted as China ought to have fully opened up its financial market to foreign competition by 2006. Efficiency is key for domestic banks to survive in a liberalised environment, but it appears that the...