The volume on China: The Bankable State rejects neoliberal consensus and focuses on crucial contributions of the Chinese state in shaping Chinese economy. This book makes crucial theoretical contributions to the study of local political economy of China. This book engages with Chinese state responses to challenges China faces in the processes of reform, transition and development of both commercial and non-commercial banks.
This book explores Chinese economic growth and development policy processes and its uniqueness in the wider world economy. The book examines Chinese financial policy praxis and offers an insightful account of its successes for the wider resurgence of alternative political economy of local development. Additionally, this book also showcases state led entrepreneurship in China.
Author(s): Bhabani Shankar Nayak
Publisher: Springer
Year: 2021
Language: English
Pages: 171
City: Singapore
Preface
About the Book
Contents
About the Editor
Contributors
Chapter 1: Role of State in the Evolution and Success of Commercial Banks in China
Introduction
Lineages of State-Owned Commercial Banks in China
Competitiveness of State-Owned Commercial Banks in China
Conclusion
References
Chapter 2: Historical Trends and Transitions in Credit Risk Management of Chinese Commercial Banks
Introduction
Historical Evolution of Credit Management of Commercial Banks in China
Credit Risk Management Under Early Reform Period from 1978 to 1983
Credit Risk Management Under the Planned Economy in China from 1984 to 1993
Market Economy and Credit Risk Management in China from 1994 to 2000
WTO and Credit Risk Management Tendencies in China During 2001
Challenges of Chinese Commercial Banks in Managing Risks
Problems in the Credit Risk Management of Chinese Commercial Banks
Techniques in the Credit Risk Management of Chinese Commercial Banks
Applicability of Foreign Credit Risk Measurement Models in Chinese Commercial Banks
Conclusion
References
Chapter 3: Alternative Strategies of Credit Risk Management in the Guangdong Nanyue Bank in China
Introduction
Systemic Credit Risk Management in the GNB
Operation and Quality of Credit Assets
Latest Credit Operations and Forecasts
Problems in Credit Risk Management in the GNB
Counter-Measures for Strengthening the Credit Risk Management in the GNB
Suggestions for Strengthening Credit Risk Management of Chinese Commercial Banks Similar to the GNB
Conclusion
References
Chapter 4: Strategies and Transformations in Chinese Banking Industry: A Study of the HSBC Bank (China) Ltd. from 2010 to 2019
Introduction
Factors Affecting the Efficiency of Banking Industry
Impacts of International Trade on Banking Industry
Impacts of International Trade on China
The HSBC Bank (China) Limited
History of the Development of the Chinese Banking Industry
The Gradual Reform from 1979 to 1994 in the Making and Unmaking of the Single Banking System
The Greater Reforms from 1995 to 2002 and the Deepening of the Freedom of the Banking Industry
The Period of State Led Privatisation of Banking (2002-2010)
The Year of Risk Reduction Strategy (2010)
Development of China´s Banking Laws and Regulations
The State Led Internationalisation
China Joined the WTO and Established the CBRC
China´s Current Banking Supervision
The HSBC Bank (China) Ltd´s Strategy in China
Credit Risk Management
Market Risk Management Strategy
Operational Risk Management Strategy
Human Resources Management Strategy
Revenue Management Strategy
Expansion Strategy
Factors Affecting Net Profit of the HSBC Bank in China
Empirical Analysis
Empirical Results
Conclusion
Appendices
Appendix 1: Unit Root Test-Executive Compensation
Appendix 2: Unit Root Test- Fee Income
Appendix 3: Unit Root Test- Interest Income
Appendix 4: Unit Root Test- Number of Service Point
Appendix 5: Unit Root Test- Capital Adequacy Ratio
Appendix 6: Unit Root Test- Total Export and importExogenous: Constant
Appendix 7: Unit Root Test- Confidence in Export Situation (Enterprises)
Appendix 8: Unit Root Test- Net Profits
References
Chapter 5: Mapping the Relationship Between Financial Developments and Economic Growth in China
Introduction
Critical Reflections on Financial Development and Economic Growth
Finance and Economic Growth in China
Financial Developments in China
Efficiency of Financial Developments in China
Development of Financial Markets in China
Economic Structure and Growth of Total Investments in Fixed Assets in China
Financial Developments, Economic Growth and its Positive Impacts on people´s Livelihood in China
Conclusion
References
Chapter 6: Financial Development and National Economic Growth in China: A Beijing Praxis
Introduction
The Chinese Praxis
Theoretical Foundations of Financial Development and National Economic Growth
Theories of Finance and Economic Growth
Financial Structure Theory
Financial Repression Theory
Endogenous Financial Development Theory
Trends of Financial Development and Economic Growth in China
Nature of Economic Growth in Beijing
Economic Growth in Beijing
Economic Growth Structure in Beijing
Total Investment in Fixed Assets in Beijing
Living Standard in Beijing
Nature of Financial Development in Beijing
Growth of Banking in Beijing
Trading in the Securities Market in Beijing
Insurance Business Situation in Beijing
Conclusion
References
Chapter 7: Role of State and Innovative Agricultural Technology in Poverty Alleviation in China: A Study of Hebei Province
Introduction
Role of Agricultural Science and Technology in Poverty Alleviation in China
Pest Control and Animal Epidemic Prevention Technology in China
Agricultural Mechanization and Technology in China
Agricultural Science and Technology Are a Sight for Precision Poverty Alleviation
Integrated Approach to Poverty Alleviation in China
Agricultural and Rural E-Commerce in China
Sustainable Development of Agriculture in Poor Areas of Hebei Province
Problems of Poverty Alleviation Through Agricultural Science and Technology in Hebei Province
Poverty in Hebei Province
Agricultural Science, Technology and Poverty Alleviation in Hebei
Problems of Agricultural Science and Technology Poverty Alleviation in Hebei Province
State Led Strategy for Accurate Poverty Alleviation in Hebei Province
Conclusion
References
Chapter 8: Chinese Wine Industry During COVID-19: A Study of the Changyu Wine Company
Introduction
The Marketing Environment of the Changyu Wine Company
Chinese Wine and the External Environment
Wine and the State in China
Chinese Wine and Barriers to Entry
Threat of Substitutes to Chinese Wine
The Changyu Wine Company
Limits of the Marketing Strategies of the Changyu Wine Company
Future of the Changyu Wine Company
Conclusion
References
Chapter 9: Postscript on the Future of China as a Bankable State