The Pattern of Financing Industrialization in China: Understanding Sources of Fixed Investment

Kang Chen and Jang-Sup Shin

Global Economic Review, 2011, vol. 40, issue 2, 145-160

Abstract: This paper explains a puzzling feature of China's industrial financing, i.e., an extremely low share of domestic loans and an unusually high share of 'self-raised funds and others' in a developing country. After an overview of historical patterns of financial industrialization in other countries, it looks into the details of sources of industrial finance in China and suggests some explanations on the country's unique pattern of financing industrialization based on data available. It also discusses implications to the future of China's industrial financing.

Keywords: China; finance; industrialization; informal market (search for similar items in EconPapers)
Date: 2011
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.tandfonline.com/doi/abs/10.1080/1226508X.2011.585052 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:glecrv:v:40:y:2011:i:2:p:145-160

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/RGER20

DOI: 10.1080/1226508X.2011.585052

Access Statistics for this article

Global Economic Review is currently edited by Kap-Young Jeong and Taeyoon Sung

More articles in Global Economic Review from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().