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The argument that China is an illusionary market is made for example by Studwell, Joe, “The China Dream — The Elusive Quest for the Greatest Untapped Market on Earth”, London, 2002.
A study which is often cited in relation to poor bank balance sheets is that by Lardy, Nicholas, R., “China’s unfinished economic Revolution” Washington, 1999, p 59 et seq.
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Dollberg, H. (2007). The Insurance and Banking Sectors in China. In: Hofer, M.B., Ebel, B. (eds) Business Success in China. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-540-34615-9_15
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DOI: https://doi.org/10.1007/978-3-540-34615-9_15
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