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Regulation with Chinese Characteristics: Deciphering Banking Regulation in China

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  • Orhan Hilmi Yazar

Abstract

The regulatory agency responsible for prudential supervision of the banks in China, the China Banking Regulatory Commission (CBRC), is not an independent authority. The agency’s regulatory actions are constrained by the central government, which has to balance the prudential and non-prudential consequences of bank regulation for its political survival. The conditions and limits of the government’s influence on the CBRC is analysed through an investigation of three regulatory cases. The conclusion is that the CBRC’s regulatory actions are determined by the relative importance of prudential outcomes for the government’s policy objectives.

Suggested Citation

  • Orhan Hilmi Yazar, 2015. "Regulation with Chinese Characteristics: Deciphering Banking Regulation in China," Journal of Current Chinese Affairs - China aktuell, Institute of Asian Studies, GIGA German Institute of Global and Area Studies, Hamburg, vol. 44(2), pages 135-166.
    • Handle: RePEc:gig:chaktu:v:44:y:2015:i:2:p:135-166
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    1. Ashley Esarey, 2015. "Winning Hearts and Minds? Cadres as Microbloggers in China," Journal of Current Chinese Affairs - China aktuell, Institute of Asian Studies, GIGA German Institute of Global and Area Studies, Hamburg, vol. 44(2), pages 69-103.
    2. Jonathan Hassid & Wanning Sun, 2015. "Stability Maintenance and Chinese Media: Beyond Political Communication?," Journal of Current Chinese Affairs - China aktuell, Institute of Asian Studies, GIGA German Institute of Global and Area Studies, Hamburg, vol. 44(2), pages 3-15.
    3. Wanning Sun, 2015. "From Poisonous Weeds to Endangered Species: Shenghuo TV, Media Ecology and Stability Maintenance," Journal of Current Chinese Affairs - China aktuell, Institute of Asian Studies, GIGA German Institute of Global and Area Studies, Hamburg, vol. 44(2), pages 17-37.
    4. Rongbin Han, 2015. "Manufacturing Consent in Cyberspace: China’s “Fifty-Cent Army”," Journal of Current Chinese Affairs - China aktuell, Institute of Asian Studies, GIGA German Institute of Global and Area Studies, Hamburg, vol. 44(2), pages 105-134.

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