Home>Course>China’s Financial Reforms: Problems and Perspectives>CHES3002/ CCSS3610

This course examines the development and transformation of China’s financial system during the recent decades of market-oriented reforms and discuss its investment implications. It takes a historical and institutional perspective to analyze the key components of China’s financial system, including the reform of banking system, the development of capital markets, the rise of business groups and financial conglomerates, the evolution of monetary policy regime as well as the financial regulatory and governance framework. It provides students with a comprehensive introduction on the achievement, challenges and opportunities of China’s financial reforms.

Lecture 1&2 Introduction: Finance and Development

Lecture 3 Global Finance and China’s Reform

Lecture 4 Hybrid Governance in China’s Finance System

Lecture 5 China’s Banking Reform

Lecture 6 The Rise of Shadow Banking in China

Lecture 7 Corporatization and State Capital  

Lecture 8 Capital Market Reforms

Lecture 9 Public Finance

Lecture 10 Financial Technology

Lecture 11 Bureaucracy and Regulatory Reform

Lecture 12 Currency Reform and RMB Internationalization