Burdekin, Richard C. K.; Tao, Ran - In: Journal of International Commerce, Economics and Policy … 05 (2014) 02, pp. 1450003-1
Financial liberalization in China has begun to allow more flexibility in bank interest rate setting but may threaten bank profit margins. This paper documents the initial response to the June 2012 initiative that, for the first time, allowed Chinese banks to meaningfully depart from the...