Sidelined Foreign Banks

Dominique Rambures and Felipe Escobar Duenas
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Dominique Rambures: Paris I University Panthéon Sorbonne
Felipe Escobar Duenas: Paris I University Panthéon Sorbonne

Chapter 5 in China’s Financial System, 2017, pp 63-73 from Springer

Abstract: Abstract Within the framework of the policy of reform and opening up initiated in 1978 under Deng Xiao ping’s leadership, opening up was as important as reform. Actually, opening up was supposed to be an instrument of reform. From the very beginning of the reform policy, opening the Chinese banking sector to foreign banks was aimed at attracting foreign funds, transferring bank technology and expertise, and stimulating competition in sensitive banking and financial markets.

Keywords: Investment Bank; Foreign Bank; Regional Bank; Chinese Market; Capital Fund (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-319-40451-6_5

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DOI: 10.1007/978-3-319-40451-6_5

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