Red Capitalism: The Fragile Financial Foundation of China's Extraordinary Rise

Books
  1. Poor
  2. Satisfactory
  3. Good
  4. Very Good
  5. Excellent

Be the first. (0 ratings)

2011
Source: Wiley
Carl E. Walter Fraser J. T. Howie
256 pages

Read

Summary

Carl Walter and Fraser Howie discuss how the Chinese government reformed and modeled its financial system in the last 30 years, and how Chinese banks have become objects of political struggle while they totter under balance sheets bloated by the excessive state-directed lending and bond issuance that has occurred since 2009. Impending collapse is not likely, but opening up of the financial sector is not on the agenda in the near future.

getAbstract:
CFA Institute members receive exclusive free access to getAbstract, a concise book summary service that taps in to the latest business thinking and the most influential trends in finance, leadership, and management.

To access the getAbstract summary for Red Capitalism: The Fragile Financial Foundation of China’s Extraordinary Rise, click on the “Read” button and navigate to the listing for Fraser Howie, author and featured speaker at the 66th CFA Institute Annual Conference.

Continuing Education Information: The recommendation of 8 CE hours applies to reading the whole book, which can be purchased online.

Topics
Credits · About the CE Program
8 CE (including 0 SER) Manage CE Credits

People who viewed this page also viewed:

Book
Money Makers
Palgrave
Webcast / Podcast
Why Most Financial Theories Are Wrong: Solutions to the Crisis in Financial Research
Equity Research and Valuation/Security Analysis Conferences: 2016 Equity Research and Valuation Conference

Loading ...