Routledge Studies in the Growth Economies of Asia

<p>China''s spectacular economic growth has made it the focus of international attention. <em>Financial Reform in China</em> argues that Chinese financial reform has failed to keep pace with its continuing economic growth.<br><br> With increased marketization and internationalization, China''s financial and monetary system should play a pivotal role in economic reform and development. However China''s banking and financial organizations still operate under a highly regulated environment shaped by the centrally planned economic system, and this slow financial reform has failed to meet the demands of more general economic reform.</p>