Factions and Finance in China

Explore the intricate relationship between politics and finance in China with Factions and Finance in China by Victor C. Shih. Published by Cambridge University Press in 2009, this insightful book spans 268 pages and offers a comprehensive framework for understanding the influence of elite politics on monetary and banking policies in the country.

In China, nearly all financial institutions are controlled by members of the Communist Party, yet economists have lacked a cohesive approach to analyze these connections. Victor C. Shih bridges this gap by delving into the complex interplay between banking systems and political dynamics, making it an essential read for anyone interested in China's economic landscape.

Whether you are a student, researcher, or simply curious about the mechanisms of finance and governance in China, this book will provide you with valuable insights and a deeper understanding of the country's financial institutions.