Book Review: Saving China’s Banking System
In the middle of the first decade of this century, Chinese officials led by then-Prime Minister Zhu Rongji set out to clean up one of the world’s biggest financial messes, the state-run banking system. It is estimated that just the amount poured into the four biggest banks alone was RMB2.4 trillion (US$348.7 billion at current exchange rates), 17 percen…
Keep reading with a 7-day free trial
Subscribe to Asia Sentinel to keep reading this post and get 7 days of free access to the full post archives.