Titlebook: Banking in China; Second Edition Violaine Cousin Book 2011Latest edition Palgrave Macmillan, a division of Macmillan Publishers Limited 201

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https://doi.org/10.1007/978-1-349-24314-3ket share of 20%. The same holds for the Shanghai market. A survey by McKinsey has shown how difficult it can be for foreign banks to secure market share in China: large branch networks still play an important role and Chinese customers are loyal to their banks, with banking relationships lasting on

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Studies in Military and Strategic Historyas well as the Agricultural Development Bank of China. (ADBC), a policy bank. Their main role is to provide financial services to local farmers and agricultural enterprises and to support the economic development of rural areas. Since the level of financial intermediation has remained poor in rural

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https://doi.org/10.1007/978-1-349-02951-8cial reform areas in China (OECD, 2004 and 2005). Corporate governance is the most important issue as well for Liu Mingkang (Zhang M., 2010d). Corporate governance structures have the potential to reduce the number of corruption cases and to improve internal controls and risk management, as well as

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Banking in China978-0-230-30696-7Series ISSN 2523-336X Series E-ISSN 2523-3378

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聯(lián)合

https://doi.org/10.1007/978-3-476-04815-8While it may be surprising to western eyes that the state and the Communist Party are to be considered as one in the present book, in the context of China it makes sense as the structures of the Party and of the state run in parallel from top to bottom and the Party permeates . state activities, even though it is not always mentioned as such.

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Macmillan and the Soviet Union,The banking industry in China is dominated by large commercial banks. They also play the role of market leaders in innovation and financial intermediation capacity.