, China's stimulus boosted real GDP growth from an annualized 6.2% in the first quarter of 2009 trough to 11.9% in the first … speed and efficacy of China's stimulus derives from state control over its banking system and corporate sector. Beijing … ordered state-owned banks to lend, and they lent. Beijing ordered centrally-controlled state-owned enterprises (SOEs) to …

We use data from the World Bank Global Findex database for 2011 to analyze financial inclusion in China, including … comparisons with the other BRICS countries. We find a high level of financial inclusion in China manifested by greater use of … voluntary. The use of formal credit is however less frequent in China than in the other BRICS. Borrowing through family or …

asymmetries are not exacerbated for foreign banks relative to local banks in China. …This paper considers whether information asymmetries affect the willingness of foreign banks to participate in … syndicated loans to corporate borrowers in China. We analyze how ownership concentration, which influences information …

We use data from the World Bank Global Findex database for 2011 to analyze financial inclusion in China, including … comparisons with the other BRICS countries. We find a high level of financial inclusion in China manifested by greater use of … voluntary. The use of formal credit is however less frequent in China than in the other BRICS. Borrowing through family or …

across heterogeneous banks. Our results suggest that as the degree of banking marketization increases, China’s monetary … high capitalization banks. To improve the effectiveness of the monetary policy, authorities need to consider reducing …

foreign banks relative to local banks in China. Moreover, it appears that increased financial leverage discourages foreign …This paper considers whether information asymmetries affect the willingness of foreign banks to participate in … syndicated loans to corporate borrowers in China. In line with theoretical literature, ownership concentration of the borrowing …

This paper considers whether information asymmetries affect the willingness of foreign banks to participate in … syndicated loans to corporate borrowers in China. In line with theoretical literature, ownership concentration of the borrowing … how ownership concentration influences the participation of foreign banks in a loan syndicate using a sample of syndicated …

economically driven. We test if central government ownership, flotation costs, asymmetries of information, and renegotiation and … liquidation costs influence the choice of debt. We find evidence in favor of the influence of central government ownership on the … in corporate debt choices compared to other countries, whereas central government ownership is a key determinant of …

a leading emerging market, namely China, using difference-in-differences and GARCH approaches. Before the crisis China … adopted banking reforms allowing entry of foreign banks and more domestic participation in the syndicated loan market. As a …

a leading emerging market, namely China, using difference-in-differences and GARCH approaches. Before the crisis China … adopted banking reforms allowing entry of foreign banks and more domestic participation in the syndicated loan market. As a …