China's Banking System: Issues for Congress

ISBN-13: 9781481846400 / Angielski / Miękka / 2012 / 52 str.

Michael F. Martin

Opis

China's banking system has been gradually transformed from a centralized, government-owned and government-controlled provider of loans into an increasingly competitive market in which different types of banks, including several U.S. banks, strive to provide a variety of financial services. Only three banks in China remain fully government-owned; most banks have been transformed into mixed ownership entities in which the central or local government may or may not be a major equity holder in the bank.