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| Author: | Liang, Shuyi Ren, Guochong |
| Title: | The drawbacks of the business of universal financial service and the countermeasures towards them (original in Chinese) |
| Journal: | Banks and Companies (c)
1995 : 12, p.9-10 |
| Index terms: | FINANCIAL MANAGEMENT FINANCIAL MARKETS FINANCIAL INNOVATION CHINA |
| Language: | chi |
| Abstract: | The business of universal financial service has influenced and disturbed the normal financial order. As a result, the scale of credits is too large and their quality is low, the structure of investment in credit is unreasonable and the phenomena of blind inter bank-lending are more common. These vary from area to area. So the reform of financial system should be deepened, the leadership of the central banks at every level to the business of separations of financial service and their management guaranteed. The business of separations of financial service should be standardized in the forms of laws and regulations and ethical competition between different institutions in the same trade encouraged. |
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