The banking sector is considerably large in China, making scholars and practitioners intuitively believe that China has … a bank-based financial system. However, some scholars find that China has a market-based financial system. This study … tries to resolve this puzzle. Following the definitions of the World Bank, we construct China’s financial structure index …

The fast growth of China's economy has brought it not only to the center of the world's economic system but also to a … pressing challenges, not just for China but also for the world. We provide a comprehensive review of China's financial markets … management, and currency, focusing on their development, distinct characteristics and unique opportunities. While China …

also highlighted their pathological problems. This paper studies the case of China for pitfalls of a state … within China is low. Furthermore, to the extent some capital moves around the country, the government (as opposed to the …