Skip to main content

Market Participants

  • Chapter
  • First Online:
  • 797 Accesses

Abstract

The most important fixed income players in China are banks. While banks started to appear in China the mid 19th century, modern banking system started to form in 1979 when China Construction Bank, Bank of China and Agricultural Bank of China were set up to address the need of financial services in basic infrastructure development, foreign exchange and agricultural development respectively. In 1984, three policy banks, China Development bank, Agricultural Development Bank of China and Export Import Bank of China were set up to free CCB, ABC and BOC from policy-related tasks in agriculture and other areas. ICBC was set to free commercial functions from the central bank, People’s Bank of China.

This is a preview of subscription content, log in via an institution.

Buying options

Chapter
USD   29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD   89.00
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book
USD   119.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book
USD   169.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Learn about institutional subscriptions

Author information

Authors and Affiliations

Authors

Corresponding author

Correspondence to Xiaojiang Zhang .

Rights and permissions

Reprints and permissions

Copyright information

© 2018 Springer Nature Singapore Pte Ltd.

About this chapter

Check for updates. Verify currency and authenticity via CrossMark

Cite this chapter

Zhang, X. (2018). Market Participants. In: Capital Markets Trading and Investment Strategies in China. Springer, Singapore. https://doi.org/10.1007/978-981-10-8497-3_5

Download citation

Publish with us

Policies and ethics