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Role of State in the Evolution and Success of Commercial Banks in China

In: China: The Bankable State

Author

Listed:
  • Bhabani Shankar Nayak

    (University for the Creative Arts)

  • Yilin Gao

    (University of Glasgow)

Abstract

The chapter outlines the role of state in the evolution of commercial banks in China. It looks at different stages of its development process. The chapter engages with the deepening of state led financial reforms which led to the competitive advantage of China’s commercial banking industry. The state-owned commercial banks, large joint-stock commercial banks, and small private commercial banks keep increasing their strengths due to regulations and monitoring by the Chinese state. Therefore, the chapter argues that state-owned commercial banks have relatively large market share and dominate in commercial banking sector due to the state.

Suggested Citation

  • Bhabani Shankar Nayak & Yilin Gao, 2021. "Role of State in the Evolution and Success of Commercial Banks in China," Springer Books, in: Bhabani Shankar Nayak (ed.), China: The Bankable State, chapter 0, pages 1-8, Springer.
    • Handle: RePEc:spr:sprchp:978-981-16-5252-3_1
    DOI: 10.1007/978-981-16-5252-3_1
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