Factions and Finance in China

Download or read book Factions and Finance in China written by Victor C. Shih and published by Cambridge University Press. This book was released on 2009-03-23 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: How does the Chinese banking sector really work? Nearly all financial institutions in China are managed by members of the Communist Party, yet economists and even those who engage the Chinese banking sector simply do not have a framework with which to analyze the links between banking and politics. Drawing from interviews, statistical analysis, and archival research, this book is the first to develop a framework with which to analyze how elite politics impact both monetary and banking policies. This book serves as an important reference point for all subsequent work on Chinese banking.