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Prospects for China's corporate bond market

Author

Listed:
  • Galina Hale

Abstract

This Economic Letter explores whether China's corporate bond market is likely to develop as an alternative to bank financing for private Chinese firms.

Suggested Citation

  • Galina Hale, 2007. "Prospects for China's corporate bond market," FRBSF Economic Letter, Federal Reserve Bank of San Francisco, issue mar16.
    • Handle: RePEc:fip:fedfel:y:2007:i:mar16:n:2007-07
    as

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    File URL: http://www.frbsf.org/publications/economics/letter/2007/el2007-07.pdf
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    References listed on IDEAS

    as
    1. Diamond, Douglas W, 1991. "Monitoring and Reputation: The Choice between Bank Loans and Directly Placed Debt," Journal of Political Economy, University of Chicago Press, vol. 99(4), pages 689-721, August.
    2. Wendy Dobson & Anil K. Kashyap, 2006. "The Contradiction in China's Gradualist Banking Reforms," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 37(2), pages 103-162.
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    Citations

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    Cited by:

    1. Jiang, Fuxiu & Jiang, Zhan & Kim, Kenneth A., 2020. "Capital markets, financial institutions, and corporate finance in China," Journal of Corporate Finance, Elsevier, vol. 63(C).
    2. Pessarossi, Pierre & Weill, Laurent, 2013. "Choice of corporate debt in China: The role of state ownership," China Economic Review, Elsevier, vol. 26(C), pages 1-16.
    3. Eswar S. Prasad & Lei Ye, 2011. "The renminbi’s role in the global monetary system," Proceedings, Federal Reserve Bank of San Francisco, issue Nov, pages 127-197.

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