China has accelerated and deepened bank reform since it joined the WTO in 2001. Employing a stochastic distance … governance changes on bank efficiency in China for the period 1995-2005. Our results show that bank efficiency has been improved … foreign competition is beneficial to China's on-going bank reform, and going-public is just a means to allow effective foreign …

Since China joined the WTO in 2001, the pressure for bank reforms has mounted as China ought to fully open up its … foreign competition can solve China's banking problem remains to be tested. This paper aims to answer this question through …