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Download Banking and Insurance in the New China: Competition and the Challenge of Accession to the Wto (Advances in Chinese Economic Studies Series) epub

by Chien-Hsun Chen,Hui-Tzu Shih




Financial reform has been a major concern for Chinas transitional economy - especially in the realms of banking and insurance - since accession to the WTO in 2001. This book scrutinizes the development and limitations of these industries during the process of institutional transformation, and demonstrates that they are now facing severe challenges as well as opportunities.

The relationships between the market structure, behavior and performance of Chinas banking and insurance industries are analyzed. The strengths, weaknesses, opportunities and threat (SWOT) approach is utilized in investigating the impact of WTO accession on Chinese banking and insurance, and strategies for the prevention of future financial crises are prescribed.

Exploring the juxtaposition of institutional transformation in China and the financial risk inherent in the old system, the book concludes that with WTO accession and the opening up of financial services to foreign companies, competitiveness will become fiercer, resulting in increased uncertainty, intensifying the level of risk even further.

Banking and Insurance in the New China will prove invaluable to multinational enterprise managers, brokers, dealers and investors, business economists, students and academics with a specific interest in the Chinese economy.

Download Banking and Insurance in the New China: Competition and the Challenge of Accession to the Wto (Advances in Chinese Economic Studies Series) epub
ISBN: 1843764806
ISBN13: 978-1843764809
Category: Business
Subcategory: Economics
Author: Chien-Hsun Chen,Hui-Tzu Shih
Language: English
Publisher: Edward Elgar Pub (March 1, 2004)
Pages: 192 pages
ePUB size: 1492 kb
FB2 size: 1326 kb
Rating: 4.2
Votes: 877
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