TITLE

Introduction to the Chinese credit market

AUTHOR(S)
Degryse, Hans; Liping Lu; Ongena, Steven
PUB. DATE
June 2013
SOURCE
BOFIT Discussion Papers;6/18/2013, Issue 14, p12
SOURCE TYPE
Working Paper
DOC. TYPE
Article
ABSTRACT
The article presents information on the credit market in China. The country's banking sector is dominated by state-owned banks, which four of these banks account for about 55 percent of total banking assets at the of 2005. Despite reforms implemented in the past decades, it is stated that the sector is still showing low efficiency. According to the article, state-owned banks in the country are inefficient when it comes to extending credit to the private sector.
ACCESSION #
89369973

 

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