Role of State in the Evolution and Success of Commercial Banks in China

Bhabani Shankar Nayak () and Yilin Gao
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Bhabani Shankar Nayak: University for the Creative Arts
Yilin Gao: University of Glasgow

Chapter Chapter 1 in China: The Bankable State, 2021, pp 1-8 from Springer

Abstract: Abstract The chapter outlines the role of state in the evolution of commercial banks in China. It looks at different stages of its development process. The chapter engages with the deepening of state led financial reforms which led to the competitive advantage of China’s commercial banking industry. The state-owned commercial banks, large joint-stock commercial banks, and small private commercial banks keep increasing their strengths due to regulations and monitoring by the Chinese state. Therefore, the chapter argues that state-owned commercial banks have relatively large market share and dominate in commercial banking sector due to the state.

Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-16-5252-3_1

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DOI: 10.1007/978-981-16-5252-3_1

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