Under New Ownership

Under New Ownership
Author :
Publisher : World Bank Publications
Total Pages : 300
Release :
ISBN-10 : 9780821356258
ISBN-13 : 0821356259
Rating : 4/5 (58 Downloads)

Book Synopsis Under New Ownership by : Shahid Yusuf

Download or read book Under New Ownership written by Shahid Yusuf and published by World Bank Publications. This book was released on 2006 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt: Although China's centrally planned economy is a little more than a shadow of its former self, the closely inter-linked reforms of the enterprise and banking sectors are still incomplete. The relative size of the state-owned enterprise sector has been much reduced, however, the sector remains the dominant borrower from the banking system and is responsible for the majority of bank non-performing assets. Thus in the interests of financial stability it is crucial to implement the remaining reform agenda. The accession to the WTO has also made it more urgent for China's most-dynamic state-owned en.


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