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Статті в журналах з теми "Chinese financial development"

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SONG, Jiaxue, Elena G. KNYAZEVA, and Ekaterina Yu POLYAKOVA. "Russian-Chinese financial cooperation: Development trends and prospects." Finance and Credit 28, no. 6 (June 29, 2022): 1288–307. http://dx.doi.org/10.24891/fc.28.6.1288.

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Анотація:
Subject. The article discusses the importance of Russian-Chinese financial cooperation and its impact on the economic development of Russia. Objectives. The purpose is to identify aspects of Russian-Chinese financial cooperation that have a substantial influence on the Russian economy, to develop a scientific and methodological approach to quantifying the impact of Russian-Chinese financial cooperation on the Russian economy. Methods. We employ methods of economic, mathematical and statistical analysis, and practical developments of Russian and foreign scientists. Results. Three aspects of Russian-Chinese financial cooperation are important factors that directly affect the economic growth of Russia, namely, China's direct investment in Russia, bilateral trade, and currency swaps. Russian-Chinese financial cooperation will play a positive role in promoting the economic development of Russia. Conclusions. To ensure stable socio-economic development of Russia, it is important to develop financial cooperation with China. Russia should further expand bilateral trade, make efforts to attract Chinese investment, and continue monetary cooperation with China.
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Park, Chan il. "Financial Development Following Economic Growth: The Chinese Case." East Asian Economic Review 7, no. 1 (June 30, 2003): 29–63. http://dx.doi.org/10.11644/kiep.jeai.2003.7.1.101.

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Setser, B. "The Chinese Conundrum: External Financial Strength, Domestic Financial Weakness." CESifo Economic Studies 52, no. 2 (April 21, 2006): 364–95. http://dx.doi.org/10.1093/cesifo/ifl005.

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Töpfer, Laura-Marie. "China’s integration into the global financial system." Dialogues in Human Geography 8, no. 3 (November 2018): 251–71. http://dx.doi.org/10.1177/2043820618797460.

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This article critically reviews theories of global economic networks and refines their application to China’s state-controlled financial sector. Current approaches view global production networks and global financial networks (GFNs) through an agency focus on inter-firm relations and a structural emphasis on neoliberal forces. This market-driven perspective exposes several shortcomings when it comes to understanding the governance of GFNs in China. In the Chinese context, these networks are characterized by complex bargaining that bridges different levels of the Chinese party-state and corporate interests. This article exploits the theoretical synergies between economic geography and theories of Chinese elite politics and institutional change to develop a politically sensitive reading of GFNs. It identifies channels through which multilevel bargaining in the Chinese party-state shapes the competitive positions of firms. By integrating recent findings on Chinese cross-border finance, the article develops an empirically grounded theoretical approach of GFNs ‘with Chinese characteristics’. This opens up a promising research agenda in the GFN literature on the role of the state as an architect and entrepreneur behind GFNs and the outcomes they produce.
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Xu, Jingwei. "Chinese Resource-for-Infrastructure (RFI) Investments in Sub-Saharan Africa and the Future of the "Rules-Based" Framework for Sovereign Finance: The Sicomines Case Study." Michigan Journal of International Law, no. 41.3 (2020): 615. http://dx.doi.org/10.36642/mjil.41.3.chinese.

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China has emerged as sub-Saharan Africa’s largest development financier over the past two decades. While commentators have observed novel, sui generis transactional structures in China’s financing arrangements, legal analysis of those contractual forms and their relationships to incumbent international economic governance regimes remains scant. This note addresses those scholarly lacunae, taking as its case study the 2008 Sicomines Agreement—a multi-billion USD investment financing agreement between the Democratic Republic of the Congo and various Chinese corporate entities that merges infrastructure investment with a mineral extraction joint-venture project. It demonstrates that the Sicomines Agreement selectively draws on and integrates pre-existing modes of sovereign development finance, but in ways that subvert the extant legal and customary frameworks those modes have depended on. Legal issues arising under the Sicomines Agreement fall under two analytical categories: (1) areas of the Sicomines Agreement that the extant, “rules-based” framework governing sovereign development finance adequately captures; and (2) elements of the transaction that subvert that framework, confounding existing rules. This note concludes by considering what broader implications Chinese-origin development finance may have on the legal regimes and institutions governing the international financial system as a whole.
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Nayak, Bhabani Shankar, and Zhong Yingnan. "Critical Reflections on Different Trends in the Relationship between Financial Developments and Economic Growth in China." International Journal of Economics and Finance 11, no. 3 (February 23, 2018): 89. http://dx.doi.org/10.5539/ijef.v11n3p89.

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Анотація:
There are many burgeoning literatures dominate the debates on relationship between financial developments and economic growth in China. It has always been a contagious one. The Chinese state is making coordinated effort for the development of the financial sector for economic growth to address issues of local development. Since the reforms of 1978, the Chinese economy has witnessed rapid growth. This paper explores the relationship between financial development and economic growth in China. It argues that there is a bidirectional causality between financial development and economic growth in China.
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Pan, Yuxiang, Yimin Huang, and Ershi Qi. "Chinese manufacturing industry development strategy from the financial perspective." Grey Systems: Theory and Application 6, no. 2 (August 1, 2016): 203–15. http://dx.doi.org/10.1108/gs-02-2016-0003.

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Purpose – Based on literature review, the purpose of this paper is to design a comprehensive evaluation system for pharmaceutical industry from the financial perspective, and then analyses the development strategy of Chinese pharmaceutical industry according to the data of listed companies. Design/methodology/approach – This paper analyses the development strategy of Chinese pharmaceutical industry through building the grey dominance evaluation model including absolute degree of grey incidence model and relative degree of grey incidence model. Findings – Through the analysis of the grey dominance evaluation model, the authors find that four factors including total assets turnover, quick ratio, inventory turnover and current ratio can be grouped into first grade assessment indicator when evaluating the performance of Chinese pharmaceutical industry. These four indexes contain the concept of operational efficiency which shows that operation capability is the key to support the development of Chinese pharmaceutical industry, needing to be highly valued when organizations making business policy. When it comes to velocity of development, the contribution of R & D intensity is relatively small, which shows innovation ability of China’s pharmaceutical industry is still weak. Innovation is the lifeblood of enterprise development, needing to be improved to promote enterprise’s core competitiveness in the future development. Originality/value – This paper selects Y1-Y7 as the performance evaluation system of pharmaceutical manufacturing enterprises, while X1-X15 as performance evaluation index system from the financial perspective, which indicated that the evaluation system is scientific and practical. The empirical result shows that the operation capability makes the largest contribution to the performance of China’s pharmaceutical industry, while R & D ability and the enterprise core competitive ability are weak.
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Hou, Liming, Shao-Chieh Hsueh, and Shuoxun Zhang. "Does formal financial development crowd in informal financing? Evidence from Chinese private enterprises." Economic Modelling 90 (August 2020): 288–301. http://dx.doi.org/10.1016/j.econmod.2020.05.015.

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Gong, Xue. "Logics of appropriateness: Explaining Chinese Financial Institutions’ weak supervision of overseas financing." World Development 142 (June 2021): 105465. http://dx.doi.org/10.1016/j.worlddev.2021.105465.

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Liu, Hao, and Weilun Huang. "Sustainable Financing and Financial Risk Management of Financial Institutions—Case Study on Chinese Banks." Sustainability 14, no. 15 (August 8, 2022): 9786. http://dx.doi.org/10.3390/su14159786.

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This study examines the relationship between sustainable financing and financial risk management of Chinese financial institutions, using data from Chinese banks. Financial risk management is a comprehensive measure of operating performance, asset quality and capital adequacy ratio. The structural vector auto-regression model determines the relationship between two variables. The positive shock of sustainable financing business negatively impacts the financial risk management of banks. In contrast, positive shock of banks’ financial risk management positively affects sustainable financing. Further subdivision of the sample revealed that sustainable financing does not always negatively impact the financial risk management of large state-owned banks. However, the positive shock of financial risk management reduces urban banks’ green credit proportions. The results are consistent whenever compared between the empirical outcome of the entire sample and the sample consisting of national joint stock bank accounts. This comparison helps eliminate the possibility of a biased outcome as a major portion of the sample is from a national joint-stock bank account. Apart from data limitations, the results of the sub-sample test are influenced due to the difference in deposit and loan interest rates, as well as different ownership structures of banks.
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Дисертації з теми "Chinese financial development"

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Luo, Dan. "Development of the Chinese financial system and reform of Chinese commercial banks." Thesis, University of Nottingham, 2010. http://eprints.nottingham.ac.uk/13071/.

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Comprehensive economic reform in China from 1978 has introduced profound restructuring of its financial system, in particular the banking sector. Recent initiatives have focused on ownership transformation via foreign participation and stock listing. China's stock markets have reacted highly positively to the Initial Public Offering (IPO) of Chinese commercial banks. As stock listing has been considered as an effective tool to enhance the corporate governance of the firms, a case study using China Construction Bank (CCB) had been conducted to get a more detailed understanding of in what aspects had the corporate governance of the listed banks been enhanced after IPO? By comparing the annual reports of CCB from 1999 to 2008, I found that the bank had made quite profound and comprehensive changes since its IPO in 2005. In all major areas required by the corporate governance principles, the CCB had displayed a very high level of compliance although flaws in some fundamental aspects still existed. Since the end of 2007, the US credit crunch had induced turmoil in the global financial market that caused the collapse of several world banking giants. Nonetheless, Chinese commercial banks had stood apart from the rest of the world and achieved remarkable results. With improved corporate governance, we further tested whether the banks' performance had been enhance after IPO? Meanwhile, the influence of the financial crisis to China's financial market and the future reform of its banking sector had also been addressed in this thesis. Employing data of 14 listed Chinese banks for the period 1999 to 2008, we applied both Data Envelopment Analysis (DEA) and Stochastic Frontier Analysis (SFA) to test our hypotheses. Our findings suggested that stock listing indeed could enhance the pure technical efficiency of the banks by about 5% and also improve their scale economies. A major contribution of this thesis is that it is the first study in English to employ two different frontier approaches to evaluate the effectiveness of IPO on the efficiency of Chinese banks. It also contributes to the growing literatures on the corporate governance issues related to IPO and firm performances, in particular under the background of China.
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Jingyang, Huang. "Development of a financial media to provide financial services to the chinese community across Europe." Master's thesis, Instituto Superior de Economia e Gestão, 2016. http://hdl.handle.net/10400.5/13038.

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Анотація:
Mestrado Finanças
Nos últimos anos, a conta oficial de WeChat tem sido amplamente aceite pela maioria dos Chineses, tanto no pais como no estrangeiro, como uma nova plataforma que facilite o acesso a notícias e informações. Muitas startups também aproveitam esta plataforma para prestar serviços diversos aos seus usuários e alcançam grande sucesso. Uma vez que existem mais de dois milhões de residentes chineses na Europa, e a sua presença no mercado financeiro europeu ainda é fraca, é uma grande oportunidade para lançar uma plataforma financeira com base na conta oficial de WeChat e outra mídia social para fornecer notícias, informações e serviços financeiros à comunidade chinesa em toda a Europa. A fim de avaliar se vale a pena investir neste projecto, a técnica financeira geralmente aceite, NPV do projeto com os fluxos de caixa descontado, será aplicado. Se o NPV do projeto for positivo, o projeto pode ser aceite. Caso contrário, o projeto deverá ser rejeitado. A avaliação empresarial com base no método DCF é, portanto, realizada para avaliar o valor teórico do projeto.
In the past few years, WeChat official account has been widely accepted as a new means of receiving news and information by Chinese both at home and abroad. Many startups also use this platform to provide various services to their users and achieve great success. Since there are more than two million Chinese citizens in Europe, and their presence in the European financial market is limited, it is a great opportunity to develop a financial platform based on WeChat and other social media to provide financial news, information and services to the Chinese community across Europe. In order to know whether it is worth investing in this project, the most widely accepted financial technique, NPV of the project with discounted free cash flows, will be used. If NPV of the project is positive, the project can be accepted. Otherwise, the project should be rejected. A business valuation based on the DCF method is, therefore, performed to assess the theoretical value of the project.
info:eu-repo/semantics/publishedVersion
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3

Wang, Qian 1967 June 15. "Returns on Chinese residential development projects : a practical investment evaluation procedure developed for the analysis of Chinese residential development projects based on modern financial economic norms." Thesis, Massachusetts Institute of Technology, 2003. http://hdl.handle.net/1721.1/29770.

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Анотація:
Thesis (S.M.)--Massachusetts Institute of Technology, Dept. of Urban Studies and Planning, 2003.
Includes bibliographical references (leaf 61).
Since late 1990s, Chinese real estate has been experiencing rapid growth, especially in the commercial housing sector. This phenomenon is mainly supported by China's housing privatization policy implemented in the mid-1990s and its strong GDP growth for the past 15 years. Chinese citizens are now able to purchase their housing units directly from the market with financing offers from major domestic banks. These days, real estate development-residential development in particular-is perceived in China as one of the proven vehicles "to get rich overnight." An increasing number of companies, including some large international real estate developers, are participating in the Chinese real estate development market. New players entering the market have been escalating the competition, which requires real estate developers to be highly objective and practical when evaluating their residential real estate development investments. After describing and criticizing the current methods of calculating residential real estate development returns in China, I argue in this thesis that, based on modern financial economic norms, a practical investment evaluation procedure can be developed for analyzing Chinese residential development projects. The new procedure is a practical application of a fundamental principle in finance: the NPV investment decision rule. This rule requires that, in order to make sound investment decisions, investors should maximize the NPV across all mutually exclusive alternatives and never choose an alternative in which NPV<0. The new real estate development investment evaluation procedure encompasses four steps: (1) projecting cash flows; (2) calculating the present value of the stabilized property; (3) calculating the present value of total development costs; and (4) calculating the expected return on development investment, or calculating the maximum land purchase price. I use the Hainan Luxury Vacation Home Development in Haiikou, Hainan, China, as case study to demonstrate the fundamental differences between current practices and the proposed procedure. My intention is to thoroughly clarify how applying the NPV rule takes into account some of the unique features of real estate development investments, such as time-to-build, intensive use of debt financing, and phased risk regimes. In the final part of the study, I conclude that current practices of real estate development return calculation fail to reflect these unique features of development investments. With the application of the NPV rule, the proposed financial procedure makes real estate development evaluation analysis more practical. The new procedure is a simple yet powerful financial analytical tool that enables developers to comprehensively exam the expected return on their development investments. I also recommend that, because the procedure is based on fundamental principles of modern finance, it should become the standard way of evaluating real estate development investments.
by Qian Wang.
S.M.
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Gruin, Julian Y. "Communists constructing capitalism : socio-economic uncertainty, Communist party rule, and China's financial development, 1990-2008." Thesis, University of Oxford, 2015. http://ora.ox.ac.uk/objects/uuid:a70d4158-ac36-477c-accb-37f940071a0d.

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Анотація:
To what extent does China's experience of economic reform since 1989 compel a reconsideration of the ontological foundations of contemporary capitalist development? China's political economy remains characterized by a unique and resilient political structure (the Chinese Communist Party) that penetrates both 'private' (market) and 'public' (state) organizations. The conceptual rootedness of contemporary theories of comparative and international political economy in a distinctly Western historical experience of capitalist development hinders their ability to understand Chinese capitalism on its own terms—as historically, culturally, and globally embedded. To generate greater analytic traction in understanding China's otherwise paradoxical constellation of actors and dynamics, I argue that contemporary capitalism should be studied as a set of mechanisms for managing and exploiting socio-economic uncertainty, rather than according to the binary logics of state regulation and market competition. These mechanisms can be conceptualized as an overarching risk environment. On this basis, I trace how the cognitive frames, social institutions, and relational networks that emerged within the 'socialist market economy' in China's post-Tiananmen financial system have placed the Chinese Communist Party at the nexus of the state and the market. I argue that specific ideas emerged about how to manage the flow of capital, playing a significant role in underpinning expectations of financial growth and stability. During this period the financial system underpinned the CCP's capacity to both manage and exploit socio-economic uncertainty through the path of reform, forming a central explanatory factor in a developmental trajectory marked by a trifecta of rapid economic growth, macroeconomic stability, and deepening socio-economic imbalances. Rather than viewing the path of financial reform in China solely in terms of 'partial' or 'failed' free- market reform, it thus becomes possible to cast China's development in a new light as the product of a more concerted vision of how the financial system would enable a mode of economic development that combined the drive for capital accumulation with the distinctive socio-political circumstances of post-1989 China.
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Shi, Jiachen. "The development of strategic human resource management in the Chinese financial services sector : understanding the roles of external economic factors and the state." Thesis, University of Leeds, 2018. http://etheses.whiterose.ac.uk/22338/.

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Анотація:
The Chinese economy has experienced reform, rapid growth and a significant slowing down period over the last thirty years. During this time, the Chinese approach to people management has also shifted, with some observers suggesting a shift from personnel management into strategic Human Resource Management (SHRM). In many studies of SHRM, economic factors have been recognised to be essential external environmental forces which contribute to HRM strategy formulation (Schuler, 1992; Truss and Gratton, 1994, Boxall and Purcell, 2011). Under this argument, financial markets and the economic development of many countries have changed, the social and political environment has also been forced to adapt, and as a result, work, employment and HRM system of firms have been required to adjust to these changes. This thesis examines the specific effects of Chinese economic development on employers’ HR decisions, something which has been neglected in the SHRM literature to date. Employers in China, as elsewhere, may adopt different approaches to HRM development. For some, HRM systems in recent years have been built up from a low base, whilst others have adjusted well-established existing HRM approaches. Other employers have explored or implement radically different or ‘new’ approaches. These approaches can result in contradictions, tensions and resistance, due to differences between the rhetoric of seamless adjustment to ‘strategic’ HRM and the reality of what happens. All of these elements of HRM adjustment are underexplored in debates to date. The Chinese case is a particularly interesting lens through which to explore these under-researched issues due to its unique management contexts and the richness on social and economic transformation. The development of SHRM in China is ripe for exploration regarding how organisational HRM strategy does or does not supports operations. The key contribution of the thesis is in its examination of ‘fit’ and ‘non-fit’ of SHRM in Chinese firms. The thesis argues that changes in the external environment in China have led to different rather than uniform adjustments in HRM strategy and practices in individual firms. Adjustments that are often presented as necessary, being influenced or required by the state, or seen to be part of a ‘best practice’ approach to SHRM may or may not actually be implemented effectively in practice. However, even where effective implementation does not occur, resultant HR systems may still contribute to the growth and development of organisations. In this thesis, this examination of fit and non-fit is explored from the viewpoint of employers in the context of economic development in a transitional economy. The thesis also provides insights into how and why contradictions in business strategy and development are significant, and in doing so, examines the efficiency of HR systems in China in terms of reacting to change. The empirical strategy for the research in this thesis involves qualitative research methods. A single case study of the Chinese financial service sector with multiple firms is used. Fifty-nine semi-structured interviews are conducted. The interviews were designed to explore employers’ responses to the external economic environment. Interviews were carried out with policy makers of government institutions, executive and general managers and HR directors from financial firms including state-owned and joint-stock banks, insurance companies and other financial institutions. The data generated from this research explores the drivers and effects of changes to HRM systems in two ways. First, the research identifies factors and events that cause concerns for firms, or which demand changes. Secondly, the thesis explores how these concerns or imperatives for change have, or have not been addressed and implemented in organisations. The findings reveal that specific economic development policies and changing economic cycles are recognized by employers, causing them concerns or compelling them to alter their skills mix or the number of workers they require. Differences in perceptions and approaches between state-owned firms and joint-stock firms are found to be significant. Some external factors which impact upon HRM strategy, such as political environmental factors lead firms to adjust their organisational governance systems and business strategy. The adjustment of specific HRM practices to external changes can be seen mostly in changes to recruitment and training strategy. The fit between business strategy and other HR practices, notably payroll systems and performance appraisals during different economic cycle stages, is less clear. However, even where ‘non-fit’ occurs, HR systems are still considered as working supportively to the growth of organisations. In conclusion, this thesis contributes to the theory of SHRM by developing a deeper understanding of fit and by illuminating the idea that actively choosing ‘non-fit’ at both strategic and implementation level can enhance the effectiveness of organisational operation under certain circumstances. It also contributes to the theoretical framework of SHRM through introducing the taxonomy of the role of economic factors and the state in China.
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Chang, Alexander J. "Lessons China Can Learn from the East Asian Financial Crisis: A Comparative Study of the Pre-Crisis East Asian and Modern-Day Chinese Economies." Thesis, Boston College, 2006. http://hdl.handle.net/2345/584.

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Анотація:
Thesis advisor: Zhijie Xiao
This paper attempts to deliver a side-by-side examination of the similarities and differences between the economies of East Asia (Singapore, Taiwan, Hong Kong, Korea Republic, Thailand, Malaysia, Indonesia, and the Philippines) and China. After the devastating 1997 Crisis, many investing eyes have turned to China as the next Asian growth engine. China has been opening its economy to foreign investors and its accession into the World Trade Organization will push for increased transparency and efficiency. The paper discusses the internal and external forces that drove the economies, with focused attention on its financial systems, using pre-crisis data. With foreign banks allowed entry into China by the end of 2006, its financial system will be an important component in economic longevity. Lastly, the question of whether or not China is vulnerable to a crisis is assessed based on the same factors that caused it in East Asia
Thesis (BA) — Boston College, 2006
Submitted to: Boston College. College of Arts and Sciences
Discipline: Economics Honors Program
Discipline: College Honors Program
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Huang, Jingchi. "The effects of the development of Private Finance Initiatives (PFIs) in the UK and their relevance in the implementation of Build-Operate-Transfer (BOT) projects in Chinese road and water sectors." Thesis, De Montfort University, 2012. http://hdl.handle.net/2086/9881.

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Анотація:
There has been a rapid growth of private participation in infrastructure projects throughout the world in the last three decades. China as the largest developing country in the world has a huge amount of demands for high quality infrastructure projects and public services. The government has actively developed and used the Build-Operation-Transfer (BOT) model to deliver public facilities and services, particularly after 2002. Certain benefits have been brought by the adoption of the BOT model in China's motorway and water sectors. However, issues were also found in the processes behind BOT applications. International organisations as well as scholars suggested that China should learn experiences and lessons from the UK and its PFI scheme. The UK has been the leading country to use private finance in developing public buildings and services. However, very little has been written addressing how lessons from British PFIs can be learnt by China to improve its BOT practice. This study is an attempt to address this vacuum in the existed literature. It was designed to explore the current problems of using BOTs in Chinese motorway and water sectors and looks at what needs to be improved, based upon the PFI lessons in the UK. A mixture of qualitative and quantitative methods has been employed and various methods of data collection used in this study. These included: 21 interviews, 2 observations and one focus group and the analysis on 14 government reports about BOTs in China. The governments' decision-makers, directors, project managers and contractors were involved in the research to explore the results and emerging issues involving the implementation of BOT models in 87 Chinese motorway and water projects in 10 cities covering six provinces. As a result of its findings, the research is able to discuss and identify the relevant experiences and lessons from PFIs in the UK to improve further application of China's BOTs. This study fills the gap in knowledge regarding comparisons between PFIs and BOTs. It also gives recommendations for good practice in relation to Chinese BOT policy decision making, development and evaluation. Finally, the study hopes to give recommendations that enable the implementation of BOT model in Chinese motorway and water sectors to be more successful in the future.
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Ouattara, Nama. "Bailleurs émergents et financements du développement : le cas de la Chine en Afrique Subsaharienne." Thesis, Paris 11, 2014. http://www.theses.fr/2014PA111012.

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Анотація:
: Avec la globalisation, le concept de développement a progressivement évolué vers une logique d’ouverture plus ou moins contrôlée sur le monde extérieur et orientée par la libéralisation des échanges économiques, diplomatiques et culturelles. L’évolution des relations internationales marquée par cette stratégie d’ouverture a graduellement induit une transformation de la géopolitique mondiale. De nouvelles puissances économiques émergent et ravivent l’intérêt autour du financement du développement dans les pays à faible revenu. A cet égard, le cas de la Chine, qui ficelle minutieusement ses relations avec les pays africains nous interpelle. Par conséquent, cette thèse porte un regard scientifique sur l’intensification des relations sino-africaines dans un contexte de financement du développement. En partant du cadre théorique relatif au lien entre ouverture et croissance, elle ambitionne de démontrer dans quelle mesure l’expérience réussie de la Chine en matière d’ouverture maitrisée sur le reste du monde peut être un atout pour les économies d’Afrique subsaharienne (ASS). En particulier, notre argumentaire repose sur la base de recherches qualitatives et quantitatives menées sur un échantillon de dix pays d’ASS. Aussi, cette thèse veille à mettre en évidence comment le renforcement de la relation sino-africaine qui se manifeste par un accroissement des échanges commerciaux, des flux d’investissements et des flux d’aide, contribue au financement du développement dans les pays d’ASS
With globalization, the concept of development has gradually evolved into logic of a more or less controlled opening to the outside world, guided by the liberalization of economic, diplomatic and cultural exchanges. The evolution of international relations marked by this opening strategy has gradually induced a transformation of global geopolitics. New economic powers are emerging and reviving an interest around the financing of development in low-income countries. In this regard, the case of China, which is carefully building relations with African countries, challenges us. Therefore, this thesis takes a look at the intensification of Sino-African relations in the context of development finance. Starting from the theoretical framework for the relationship between openness and growth, it aims to demonstrate how the successful experience of China's opening to the rest of the world can be an asset to the economies of sub-Saharan Africa (SSA). In particular, our argument is based on qualitative and quantitative analysis conducted on a sample of ten SSA countries. It also highlights how the strengthening of China-Africa relations, through an increase in trade, investment and aid flows, contributes to the financing of development
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Kong, Lingyu. "Modern Chinese Banking Networks during the Republican Era." Thesis, 2019. http://hdl.handle.net/2440/119921.

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Анотація:
This thesis examines three themes that focus on inter-banking connections and their impact on modern banking development in the 1930s. Chapter 2 provides an overview of the modern bank sector and highlights the inter-banking relations. Tracing the shape, structure, and development of links within the sector, I find that it was characterized by a strong network of interlocking directorates. This network shows a dominating central cluster, indicating that the sector was characterized by internal cooperation rather than competition. Similarly, new entrants were usually linked to existing banks, indicating that entry was driven by the expansion of existing banks rather than the rise of new competition. Finally, central locations of public banks within the cluster indicate that the government gained influence over the sector through direct bank ownership. Chapter 3 investigates how board connections in an inter-bank network affect their corporate policy decisions. I find evidence that corporate decisions of banks are influenced by their social peers — the more directors two banks share with each other, the more similar are their corporate strategies. Also, banks with a central position in the boardroom network make corporate decisions less distinctively. Additionally, the empirical outcomes show that co-moved corporate policies are mainly driven by banks’ intentions to pursue profits and eliminate risks, known as profitability and insurance effects. I further examine whether inter-banking connections based on interlocking directorates contributed to the overall performance in Chapter 4 . I find characteristics of banks, which share directors with other banks, are significantly different compared to those of unconnected counterparts. The empirical results elucidate a high positive correlation between banks’ profitability and their connections with rivals through interlocking directors. Last but not least, Chapter 5 investigates the development of the interlocking directorate network between domestic Chinese banks from 1933 to 1936 to understand how financial institutions structure cooperation within the sector in response to uncertain external environments and weak property rights. This part uses a dynamic network simulation approach to address the reflection problem between bank performance and network formation, illuminating the factors driving the network evolution and shaping the structure of cooperation between Chinese banks.
Thesis (Ph.D.) -- University of Adelaide, School of Economics, 2019
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Fernandes, Sofia da Graça Cordeiro. "Os acordos de financiamento entre a China e Angola: uma reconstrução pós-conflito sem reformas políticas." Doctoral thesis, 2015. http://hdl.handle.net/10071/11192.

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Esta tese pretende clarificar o papel da China, enquanto financiador do processo de reconstrução pós-conflito em Angola. Ao longo do período de guerra, o governo de Angola manteve uma relação conturbada com as instituições de Bretton Woods, em particular a partir de 1989, data em que o país acedeu como membro de pleno direito ao Fundo Monetário Internacional e ao Banco Mundial. O governo angolano mantinha contudo a expetativa de que a reconstrução pós-conflito seria financiada a partir da convocação de uma conferência de doadores, partindo do pressuposto de que desta forma os países poderiam compensar o país pela respetiva participação na guerra civil angolana. Adicionalmente a realização de uma conferência de doadores em Bruxelas em 1995 a favor de Angola teria dado sinais de que seria disponibilizado financiamento internacional para a reconstrução. No entanto em 2002 as expetativas do governo angolano não foram satisfeitas: a forma crítica como a comunidade internacional via a governação de Angola, assim como a reorientação das prioridades geopolítica da União Europeia e dos Estados Unidos, traduziram-se no adiamento sucessivo da conferência de doadores. O objetivo do presente trabalho é o de clarificar de que forma os acordos financeiros do governo angolano com a China permitiram a reconstrução pós-conflito sem reformas políticas, a par da consolidação do poder do MPLA (Movimento Popular de Libertação de Angola). Adicionalmente o presente trabalho visou entender a dinâmica empresarial privada com origem na imigração chinesa para Angola. Tomando como ponto de partida as relações Estado a Estado, com o intuito de clarificar quais os atores, e os respetivos objetivos, a análise foca as burocracias e as dinâmicas internas em Angola com o fim de entender em que medida os acordos bilaterais se relacionam com o investimento privado chinês em Angola.
The subject of the thesis is the analysis of the role of China, as a financier of post-conflict reconstruction in Angola. Angola had through wartime period managed a tempestuous relationship with the Bretton Woods institutions, since 1989, when it became a full member of the International Monetary Fund and the World Bank. However the Angolan government nurtured an expectation that post-war reconstruction in Angola would be supported by a donor conference, assuming that external powers should redeem for their participation in the Angolan Civil War. Furthermore a donor conference held in Brussels in 1995 by European Union initiative was perceived as a sign that at least European countries were predisposed to gather such a conference. However Angolan expectations did not meet with external approval in 2002. Angolan perceived levels of (bad)-governance as well as the reorientation of geopolitical priorities for both the European Union and the United States, materialized in a continuous postponing of the Angolan donor conference. This work aims to better understand how the financial agreements of the Angolan government with China paved the way for a post conflict reconstruction with no political reforms, along the continuous grip on power by the MPLA (Popular Movement for the Liberation of Angola). Furthermore, it aims also to understand the private entrepreneurial dynamics created on the side of immigrant Chinese entrepreneurs in Angola. Starting from an analysis at the state level (international system) understanding the actors, political goals and objectives guiding Angolan and Chinese political leaders, the analysis goes down to Angolan internal bureaucracies and dynamics to understand in what extent the bilateral deals are or are not totally interlinked with private Chinese investment in Angola
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Книги з теми "Chinese financial development"

1

Luo, Dan. The Development of the Chinese Financial System and Reform of Chinese Commercial Banks. London: Palgrave Macmillan UK, 2016. http://dx.doi.org/10.1057/9781137454669.

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2

Zhongguo jin rong ke chi xu fa zhan de ping jia yu fen xi: Assessment of sustainable development of Chinese financial system. Beijing Shi: Jing ji ke xue chu ban she, 2007.

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3

Zhongguo jin rong li lun fa zhan yan jiu: A research on the development of Chinese financial theory. Chengdu Shi: Xi'nan cai jing da xue chu ban she, 2002.

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4

Meng, Junhong. Chinese Rural Banking Situation and the Reform of the Main Rural Financial Supplier: Rural Credit Cooperatives. Baden-Baden: Nomos, 2014.

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5

Zhongguo jin rong kai fang yu fa zhan zhong de an quan yu jing wen ti yan jiu: A research on the early-warning of Chinese financial security in opening-up and development. Beijing Shi: Jing ji ke xue chu ban she, 2008.

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6

Zhongguo nong cun jin rong gai ge yu fa zhan wen ti yan jiu: Chinese rural financial reform and development problem study. Beijing Shi: Jing ji ke xue chu ban she, 2012.

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7

Kang, Jin-A. The Guangdong Model and Taxation in China. Nieuwe Prinsengracht 89 1018 VR Amsterdam Nederland: Amsterdam University Press, 2022. http://dx.doi.org/10.5117/9789463729833.

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This book explores the formation, development, and characteristics of modern China's finance, focusing especially on Guangdong province as a case study to illustrate both the macro-level trends and the micro-level reality. The chronological range of this book is mainly from the late Qing period to the early Republican Era ending in 1937, when the full-scale Second Sino-Japanese War broke out. After the concept of modern finance was introduced to China for the first time in the late Qing period, the efforts to build modern finance continued in the Republican Era both nationally and locally. But this process was interrupted by the outbreak of the war against Japan in 1937 and, having been derailed, did not subsequently recover due to the subsequent civil war between the Kuomintang and the Chinese Communist Party. This interrupted process of financial modernization was resumed with Reform and Opening-up, launched in 1978. Therefore, in order to illustrate the structural transformation and persistent characteristics of China’s fiscal system, this book also includes discussions of the early Qing period and current Chinese finance.
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Harlamova, Yuliya. The struggle for Eurasia in the focus of transport geostrategies. ru: INFRA-M Academic Publishing LLC., 2021. http://dx.doi.org/10.12737/1243826.

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The monograph examines the problems that play an important role in the processes of constructing transport geostrategies on the Eurasian continent. In the processes of redrawing the world's spaces, the transport sphere (along with financial and information) often acts as a catalyst for modern transformations. It is emphasized that thanks to transport networks, the economy on a global scale is structured in a completely specific way. To increase the potential of any state and society (the peoples living in it), the creation of conditions for communication community (in the broadest sense) is an integral component of its sustainability. The thesis is proved that the direction of the flow of many global integration or disintegration processes corresponding to the new world conditions depends on the reliable and fast operation of transport communications. Special attention is paid to the concept of the modern Chinese state "One Belt , One Road", which the Chinese elite actively promotes in the external space. Some aspects of the economic and transport development of the Arctic region in the context of the functioning of the Northern Sea Route are considered. Due attention is paid to the special role of Central Asia in the context of these problems, as well as the implementation of the international transport project "North - South". For students and teachers, as well as for anyone interested in economics and politics.
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9

Luo, D. Development of the Chinese Financial System and Reform of Chinese Commercial Banks. Palgrave Macmillan, 2016.

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10

Luo, D. Development of the Chinese Financial System and Reform of Chinese Commercial Banks. Palgrave Macmillan, 2016.

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Частини книг з теми "Chinese financial development"

1

Hong, Yinxing, Ninghua Sun, Xiao-huang Yin, and Xiaojia Zang. "Investment-driven growth and financial development." In Chinese Economic Development, 179–205. Abingdon, Oxon; New York, NY : Routledge, 2021. | Series: China perspectives: Routledge, 2021. http://dx.doi.org/10.4324/9781003179382-9.

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Liu, Jun. "Development of China’s Logistics Financial Service." In Current Chinese Economic Report Series, 197–211. Berlin, Heidelberg: Springer Berlin Heidelberg, 2014. http://dx.doi.org/10.1007/978-3-642-55282-3_10.

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3

Xu, Xiaoping. "Financial Development and Liberalization: The Chinese Experience." In China’s Financial System under Transition, 17–44. London: Palgrave Macmillan UK, 1998. http://dx.doi.org/10.1007/978-1-349-26458-2_3.

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4

Hasan, Iftekhar, and Mingming Zhou. "Financial Sector Development and Growth: The Chinese Experience." In Domestic Resource Mobilization and Financial Development, 89–111. London: Palgrave Macmillan UK, 2008. http://dx.doi.org/10.1057/9780230594012_5.

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He, Dexu. "The Impact of the Global Financial Crisis on China’s Financial Security." In Research Series on the Chinese Dream and China’s Development Path, 1–18. Singapore: Springer Singapore, 2016. http://dx.doi.org/10.1007/978-981-10-0969-3_1.

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Chen, Yunxian. "Local Economic Development and Financial Support—A Study of Chinese Financial Hierarchy." In National Finance, 59–87. Singapore: Springer Singapore, 2021. http://dx.doi.org/10.1007/978-981-33-6092-1_3.

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Maojia, Guo, and Long Kai. "Exploration on Shenzhen’s Financial Innovation." In Research Series on the Chinese Dream and China’s Development Path, 37–46. Singapore: Springer Singapore, 2019. http://dx.doi.org/10.1007/978-981-13-9841-4_3.

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Fan, Lijun, and Jianfeng Yin. "Sophistication of China’s Financial System." In Research Series on the Chinese Dream and China’s Development Path, 21–49. Singapore: Springer Singapore, 2019. http://dx.doi.org/10.1007/978-981-13-5752-7_2.

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Shuang, Guo, and Ahmad Rasdan Bin Ismail. "A Review on Furniture Design Cases Embedded with Chinese Elements." In Financial Technology (FinTech), Entrepreneurship, and Business Development, 141–48. Cham: Springer International Publishing, 2022. http://dx.doi.org/10.1007/978-3-031-08087-6_10.

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10

Luo, Dan. "Shadow Banking and Its Development in China." In The Development of the Chinese Financial System and Reform of Chinese Commercial Banks, 181–201. London: Palgrave Macmillan UK, 2016. http://dx.doi.org/10.1057/9781137454669_6.

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Тези доповідей конференцій з теми "Chinese financial development"

1

Shi, Ying. "The Development of Financial Industry Agglomeration Under Chinese Green Financial Background." In 2020 5th International Conference on Smart Grid and Electrical Automation (ICSGEA). IEEE, 2020. http://dx.doi.org/10.1109/icsgea51094.2020.00121.

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2

Lv, Chao. "Research on the Development of Chinese Financial Supervision System." In Proceedings of the 2017 5th International Education, Economics, Social Science, Arts, Sports and Management Engineering Conference (IEESASM 2017). Paris, France: Atlantis Press, 2018. http://dx.doi.org/10.2991/ieesasm-17.2018.31.

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Duan, Yifei. "Developing Strategies of Chinese Cosmetics Industry." In 2022 7th International Conference on Financial Innovation and Economic Development (ICFIED 2022). Paris, France: Atlantis Press, 2022. http://dx.doi.org/10.2991/aebmr.k.220307.175.

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Yao, Jingyu. "Analysis on the Situation of Chinese Housing Bubble." In 6th International Conference on Financial Innovation and Economic Development (ICFIED 2021). Paris, France: Atlantis Press, 2021. http://dx.doi.org/10.2991/aebmr.k.210319.009.

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Chen, Yuhao. "Analysis on the US and Chinese Stock Company." In 6th International Conference on Financial Innovation and Economic Development (ICFIED 2021). Paris, France: Atlantis Press, 2021. http://dx.doi.org/10.2991/aebmr.k.210319.026.

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Liu, Jiawen. "Can Chinese Domestic Cosmetics Continue to Thrive?" In 2022 7th International Conference on Financial Innovation and Economic Development (ICFIED 2022). Paris, France: Atlantis Press, 2022. http://dx.doi.org/10.2991/aebmr.k.220307.270.

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Liu, Haolang. "The Impact of the Coronavirus on Chinese Pharmaceutical Industry." In 6th International Conference on Financial Innovation and Economic Development (ICFIED 2021). Paris, France: Atlantis Press, 2021. http://dx.doi.org/10.2991/aebmr.k.210319.010.

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Ding, Dechen. "Internationalization Experience of Chinese Ancient Currency and Its Enlightenment." In 6th International Conference on Financial Innovation and Economic Development (ICFIED 2021). Paris, France: Atlantis Press, 2021. http://dx.doi.org/10.2991/aebmr.k.210319.038.

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Zhou, Long. "The Development Strategies of Tennis in Chinese Universities." In 2017 International Conference on Culture, Education and Financial Development of Modern Society (ICCESE 2017). Paris, France: Atlantis Press, 2017. http://dx.doi.org/10.2991/iccese-17.2017.42.

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Yang, Kangnaixin, Hanchao Jiang, and Tianyi Tang. "An Empirical Model for the Chinese Cosmetic Industry." In 2022 7th International Conference on Financial Innovation and Economic Development (ICFIED 2022). Paris, France: Atlantis Press, 2022. http://dx.doi.org/10.2991/aebmr.k.220307.460.

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Звіти організацій з теми "Chinese financial development"

1

Yuan, Jingdong, Fei Su, and Xuwan Ouyang. China’s Evolving Approach to Foreign Aid. Stockholm International Peace Research Institute, May 2022. http://dx.doi.org/10.55163/wtnj4163.

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China’s role in foreign aid and, more broadly, in development cooperation on the global stage has grown significantly since it began seven decades ago. Particularly in recent years, through such platforms as the Belt and Road Initiative (BRI), China’s profile and engagement in global governance in foreign aid and related areas has been further enhanced. China’s ambition is taking a more proactive approach in foreign aid and moving towards a model of international development cooperation by linking with the United Nations 2030 Agenda for Sustainable Development and by including the BRI as a major platform to achieve key development goals. This paper provides a timely analysis of the evolution of China’s foreign aid policy in the past seven decades with a particular focus on the developments since 2000. It discusses China’s development finance to Africa and the major sectors receiving Chinese aid. It also analyses recent trends of Chinese foreign aid and identifies some of the challenges that China faces as it becomes a major player in international development financing.
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