The present paper aims to propose an explanation for the rationale behind the current banking regulatory arrangement in China. A now stable and relatively healthy banking system emerged largely unscathed from the financial crisis without relying much on recognised international best practices in...

At the end of October 2011, the heads of the three financial sector regulators were rotated. It is time to ask what are the rules behind the scenes for the process of “revolving doors” in China, how far the Party interference reaches and what the future holds for the Chinese financial sector

This paper reviews the impact of RRR in China on the asset quality of commercial banks since 2005 – and thus contributes to the research on reserve requirements' impact on the banks' asset quality. By applying the technique of robust regression on a large data set that includes the most...