Ng, Beoy Kui; Thorud, Andreas - Division of Economics, Nanyang Technological University - 2006
relationships among the Chinese government finance, state-owned enterprises (SOEs) and the banking system in China. According to … contagious in that crisis in any one corner could readily lead to crises in the others. However, China has so far managed to … avoid a financial crisis, which according to Dean (2001), is due to three reasons. Firstly, China remains willing to pour …