Banking Regulation in China: The Role of Public and Private Sectors [Paperback]

Banking Regulation in China provides an in-depth analysis of the country's contemporary banking regulatory system, focusing on regulation in practice. By drawing on public and private interest theories relating to bank regulation, He argues that controlled development of the banking sector transformed China's banks into more market-oriented institutions and increased public sector growth. This work proves that bank regulation is the primary means through which the Chinese government achieves its political and economic objectives rather than using it as a vehicle for maintaining efficient financial markets.1. Introduction 2. Banking Regulatory Theories 3. Banking Regulation in China: Why, What, and How? 4. Regulating the Entry of Foreign Banks 5. Consumer Financial Protection 6. Regulatory Dissonance 7. Regulatory Capture 8. Conclusions

A very creditable and significant contribution towards addressing an important set of questions on which there is relatively little existing literature in English. - John Armour, Hogan Lovells Professor of Law and Finance, University of Oxford, UK

Banking Regulation in China provides us with an understanding of the nature of and challenges confronted by China's legal and regulatory programs as Chinese banking progressively deals with China's transition from a planned economy to a market economy. -Huang, Tao, Associate Professor, KoGuan Law School, Shanghai Jiao Tong University, China

He Wei Ping offers a sophisticated analysis of the contending forces of market competition and state policy that shape the Chinese banking sector. This book is an invaluable guide both for academics interested in comparative banking regulation and for Western businesses that need to understand the unique mechanisms by which the Chinese economy operates. - Thomas H. Stanton, Fellow, Johns Hopkins University, USA; Author, Why Some Firms Thrive While Otherl9