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China’s Banking Regulation: A Key Driver of Economic Growth

A new book by He Wei Ping, “Banking Regulation in China: The Role of Public and Private Sectors”, provides an in-depth analysis of China’s banking regulatory system, highlighting its role in shaping the country’s economic landscape.

Controlled Development of the Banking Sector

According to Dr. He, China’s controlled development of its banking sector has transformed banks into more market-oriented institutions, contributing significantly to public sector growth. In her book, she argues that bank regulation is a key tool used by the Chinese government to achieve its political and economic objectives, rather than simply maintaining efficient financial markets.

Public and Private Interest Theories

The book draws on public and private interest theories relating to bank regulation, providing a comprehensive understanding of the complex regulatory landscape in China. It also highlights the challenges faced by China’s legal and regulatory programs as the country transitions from a planned economy to a market-based system.

Praise from Experts

Experts in the field have praised Dr. He’s work, with John Armour, Hogan Lovells Professor of Law and Finance at the University of Oxford, calling it “a very creditable and significant contribution towards addressing an important set of questions on which there is relatively little existing literature in English”.

  • Dr. Huang Tao, Associate Professor at KoGuan Law School, Shanghai Jiao Tong University, praised Dr. He’s book for providing a comprehensive understanding of China’s banking sector and its challenges.
  • Thomas H. Stanton, Fellow at Johns Hopkins University and author of “Why Some Firms Thrive While Others Fail”, called Dr. He’s book an “invaluable guide” for academics and business professionals seeking to understand the unique mechanisms of China’s economy.
  • Franklin Allen, Nippon Life Professor of Finance and Economics at The Wharton School, University of Pennsylvania, recommended Dr. He’s book as a must-read for anyone interested in understanding China’s financial system.

Author Background

Dr. He Wei Ping is a researcher specializing in financial market regulation, with a particular focus on Chinese banking and securities markets. Her book is published by Palgrave Macmillan New York and is available in hardcover, softcover, and eBook formats.

Keywords:

  • Banking Regulation
  • Economic Policy
  • Macroeconomics
  • Financial Economics
  • Business Finance