Showing 71 - 80 of 224,997
We study the relationship between finance and growth using a sample of 275 Chinese cities during 2009-2018. We exclude a large amount of bank loans to local governments through the local government financing vehicles (LGFVs). This allows us to construct a new and better financial development...
Persistent link: https://www.econbiz.de/10013337564
As the largest-ever infrastructure project, China’s Belt and Road Initiative (BRI) is expected to reshape the global … findings on foreign aid, international trade, and BRI program membership highlight China's growing footprint in corridor …
Persistent link: https://www.econbiz.de/10014243347
Just when China’s leaders receive conflicting signals of “overheating” and “below-potential growth”, they encounter … challenges have their roots in China’s inadequate marketization and continued discrimination against the domestic private sector … themselves into nonperforming loans. In partially-reformed China, public-directed investments via the state enterprises tend to …
Persistent link: https://www.econbiz.de/10005062405
In this paper we discuss the potential for commercial microfinance in China. Particular emphasis is put on … securitization of microloans and on structured microfinance in a China context. Three particular factors that we believe could … side, structured microfinance could be an important tool for fighting unemployment in China. It could also be used to …
Persistent link: https://www.econbiz.de/10005645167
This paper provides the first comparative analysis of different types of publicly owned banks operating in China … between 1997 and 2008. Using principal component analysis and Granger-causality tests, this study shows that China’s state … commercial banks did promote domestic growth. China’s experience presents a more nuanced picture of state banking that goes …
Persistent link: https://www.econbiz.de/10010734804
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 …
Persistent link: https://www.econbiz.de/10010796471
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 …
Persistent link: https://www.econbiz.de/10010818552
Despite an erosion of consensus on its benefits, capital account convertibility remains a long-term goal of China. This … paper identifies three major preconditions for convertibility in China: a strong domestic banking system, relatively …, in significant respects, China does not yet meet any of the conditions necessary for convertibility. They then evaluate …
Persistent link: https://www.econbiz.de/10008838907
We use panel data for listed firms from China for 2013-2021 to examine the association between their export earnings …
Persistent link: https://www.econbiz.de/10014634742
This study examines the exposure of microfinance institutions to liquidity, interest rate and foreign exchange (FX) risk. It builds on a manually collected set of data on the maturity structure of assets and liabilities of the 309 largest microfinance institutions (out of which 112 actually...
Persistent link: https://www.econbiz.de/10011301531