Showing 1 - 10 of 576
Although growth deceleration in the People's Republic of China (PRC) is inevitable, if the country's new direction of financial policy (on exchange rate, capital flows, banking, capital market) can be achieved, it will be good not only for the country but also for the rest of Asia. This is...
Persistent link: https://www.econbiz.de/10009781297
This paper reviews the progress of banking reforms in China over the last five years. The stated goal of reform is to 'transform major banks into internationally competitive joint-stock commercial banks with appropriate corporate governance structures, adequate capital, stringent internal...
Persistent link: https://www.econbiz.de/10011470781
Persistent link: https://www.econbiz.de/10013170912
This staff report on People’s Republic of China 2013 Article IV Consultation highlights macroeconomic developments and outlook. China has maintained robust growth since the global crisis, but the heavy reliance on credit and investment to sustain activity is raising vulnerabilities. The...
Persistent link: https://www.econbiz.de/10011244201
This paper reviews the progress of banking reforms in China over the last five years. The stated goal of reform is to “transform major banks into internationally competitive joint‐stock commercial banks with appropriate corporate governance structures, adequate capital, stringent internal...
Persistent link: https://www.econbiz.de/10005619502
Outlines the history of auditing in China and the auditing standards and guidelines issued in 1997 to improve consistency in the audit of government departments and state‐run enterprises under the responsibility of the National Audit Office (NAO). Explains that they focus on auditing processes...
Persistent link: https://www.econbiz.de/10014939501
Provides an overview of accounting reform in China since 1993, illustrates the structure of the current (juridicial‐based) accounting system and lists the accounting standards being developed. Contrasts historical Chinese accounting methods with current attempts at international harmonization...
Persistent link: https://www.econbiz.de/10014939503
Outlines economic and accounting reforms in China since the late 1970s and assesses the impact of the 1997 Asian financial crisis on them. Suggests that although China escaped the recession suffered by neighbouring countries, it still has a high risk of financial crisis/recession and enumerates...
Persistent link: https://www.econbiz.de/10014939505
, use of offsets, and enforcement and compliance. This article explains why China opts for emissions trading, rather than …
Persistent link: https://www.econbiz.de/10011307269
We use a matched firm-employee data set to examine the extent of compliance with minimum wage and overtime pay … regulations in Chinese formal sector firms. We find evidence that there is broad compliance with legal minimum wages in China … there is substantial non-compliance with overtime pay regulations; almost 29% of the employees who work overtime are not …
Persistent link: https://www.econbiz.de/10011603729