000 01648 a2200349 4500
001 1351736191
005 20250317111610.0
008 250312042017GB 92 eng
020 _a9781351736190
037 _bTaylor & Francis
_cGBP 43.99
_fBB
040 _a01
041 _aeng
072 7 _aKCC
_2thema
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072 7 _aKCL
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072 7 _aGTM
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072 7 _a1FPC
_2bisac
072 7 _aKCC
_2bic
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072 7 _aGTB
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072 7 _a1FPC
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072 7 _aBUS069000
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072 7 _a332.0951
_2bisac
100 1 _aChangwen Zhao
245 1 0 _aFinancial Reform in China
_bThe Way from Extraction to Inclusion
250 _a1
260 _aOxford
_bRoutledge
_c20170706
300 _a200 p
520 _bThis book focuses on the importance for China to correct the present imbalance in the relationship between the financial sector and the real economy. The book looks at China’s current financial system in terms of "extractive" and "inclusive". It asserts that the financial sector is producing huge "siphonic effects" that distort the overall development of the Chinese economy. Like a giant magnet, the financial sector attracts too many innovation factors, such as talents, capital and entrepreneurship away from the real economy and inhibits the development of the latter. Hence, the book argues that China’s financial system must now be thoroughly reformed to become an inclusive financial system, where finance and the rest of the economy can co-exist and develop in support of each other.
700 1 _aHongming Zhu
_4A01
999 _c4865
_d4865