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China's restructuring in finance and real estate / Zhao Yongsheng
Livre
Edité par L'Harmattan - 2019
Finance and real estate that this book aims to analyze are two significant variables for the economic growth of an emerging economy like China during its four decades' reform and opening-up. Chapter One will analyze China's restructuring in finance : banking and credit system reforms, WTO-oriented reforms, including opening the banking and financial sector to foreign competition, and the restructuring of non-performing loans or assets - a thorny issue for Chinese State-owned banks and enterprises. Chapter Two will focus on China's restructuring in real estate. As a controversial sector in China, real estate is a pillar of growth but faces a risky bubble. In fact, different economic and financial variables have contributed to the expansion of the Chinese housing market. Finally, policy recommendations will be advanced.