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Author: | He, Qun Cai, Qinghui |
Title: | Effective supervision over foreign-owned banks: a comparison with other countries (original in Chinese) |
Journal: | International Economics and Trade Research (c)
1999 : 2, p.22-24 |
Index terms: | FOREIGN BANKS FINANCIAL MANAGEMENT FINANCIAL CONTROL FINANCIAL POLICY CHINA |
Language: | chn |
Abstract: | Twenty years has elapsed since foreign-owned banks established in China. although supervision over foreign-owned banks achieved a certain progress, it is far behind the other countries in degrees, width and dynamics, and a lot of hidden troubles in financial risks are still existing. The disastrous consequences of Southeast Asian financial crises have sounded the alarm for us. Hence how to make use of the international advanced experiences and enhance the supervision over foreign-owned banks will be a task for China to deepen is financial reform and protect its national economy to develop continuously, healthily and steadily. |
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