About this ebook
This book analyzes China's credit system as a core component of state-led economic governance and macroeconomic management. It covers the historical formation of credit institutions in China, as well as the roles of state-owned banks, the property sector, corporate leverage, shadow banking, and digital credit infrastructure in shaping credit allocation and capital flows. It demonstrates how credit serves as a policy instrument for economic planning, stabilizing economic cycles, and controlling risks. Furthermore, it evaluates various crisis scenarios and state response mechanisms, emphasizing the structural trade-offs between financial control, market efficiency, and long-term reform. Through this analysis, the book offers a systematic framework for understanding China's credit architecture as an integrated financial and institutional system.
This book analyzes China's credit system as a core component of state-led economic governance and macroeconomic management. It covers the historical formation of credit institutions in China, as well as the roles of state-owned banks, the property sector, corporate leverage, shadow banking, and d...
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