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Abstract

In the 1950s China’s rural credit co-operatives (RCCs) emerged. However, over the years they gradually degenerated into purely commercial financial institutions. Reforms in the RCC sector from 2003 further led to a complete loss of China’s formal co-operative financial system.

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© 2014 Guangwen He

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He, G. (2014). Banking Co-operatives in China. In: Gijselinckx, C., Zhao, L., Novkovic, S. (eds) Co-operative Innovations in China and the West. Palgrave Macmillan, London. https://doi.org/10.1057/9781137277282_15

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