Chinese Rural Banking Situation and the Reform of the Main Rural Financial Supplier Rural Credit Cooperatives

One of the biggest problems now hampering China's further development is the discrepancy between rural and urban areas. The Chinese government tries to solve the problem by bringing the urbanization strategy to rural areas. To facilitate this process, a solid, creditable, and sustainable financial system is required. This book describes the Chinese government's solution and analyzes the reform and the newest development of Chinese rural financial markets. Special focus is given to the reform of Rural Credit Cooperatives, which are the dominant financial institutions in Chinese rural financial markets. The Chinese banking supervisory indicators are used to evaluate the reform results achieved so far. (Series: World Economy and International Cooperation / Weltwirtschaft und internationale Zusammenarbeit - Vol. 14)