China’s Red Capitalism: A gravity-defying economy built on a foundation of sand?

Authors

Knowledge@SMU

Publication Type

Journal Article

Publication Date

5-2011

Abstract

With more than US$3 trillion in foreign exchange reserves, the clutch of four big banks and dozens more internationally-listed state-owned enterprises, there is not much doubt that China has some serious economic muscle. Yet, as authors Carl E. Walter and Frasier J.T. Howie explained in their book, 'Red Capitalism: The fragile financial foundation of China’s extraordinary rise', not all is as it seems in the labyrinth that is China's financial system.

Disciplines

Accounting | Business | Finance and Financial Management

Copyright Owner and Holder

Copyright © Singapore Management University 2012

Licece/Creative Commons Licence

This work is licensed under a Creative Commons Attribution-NonCommercial-No Derivative Works 4.0 International License.

Article ID

1354

Subject(s)

Finance and Accounting

Citation

Knowledge@SMU. China’s Red Capitalism: A gravity-defying economy built on a foundation of sand?. (2011).
Available at: https://ink.library.smu.edu.sg/ksmu/43