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Banking and Finance Run Amok

  • Mark A. De Weaver

Abstract

The Chinese banks have always been enthusiastic participants in investment booms. They are the most important source of external financing for the construction of infrastructure, industrial capacity expansion, and speculation in real estate and financial assets. Without their active involvement China’s boom—bust cycle would be considerably less extreme.

Keywords

Local Government Related Party Asset Investment Risk Management System Employee Stock Option 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Notes

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© Mark A. DeWeaver 2012

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  • Mark A. De Weaver

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