Provides an analysis of why the informal financial networks and institutions continue to play a vital role in China's economy in the 21st century. Although China has become one of the fastest growing economies in the world, it still suffers from a weak financial system is dominated by state-owned banks and severely limited access to capital for entrepreneurs and consumers. The case shows how the political climate, the economic regulation of the environment and social attitude towards lending practices to shape the structure and financing of private enterprises over time. It also deals with the reaction of the Chinese government's resilient parallel market in the context of economic reforms and policy changes for the banking and financial sector. "Hide
by Elisabeth Koll 18 pages. Publication Date: January 16, 2009. Prod. #: 809111-PDF-ENG
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