Please use this identifier to cite or link to this item: https://doi.org/10.1080/1226508X.2011.585052
Title: The pattern of financing industrialization in China: Understanding sources of fixed investment
Authors: Chen, K. 
Shin, J.-S. 
Keywords: China
Finance
Industrialization
Informal market
Issue Date: Jun-2011
Citation: Chen, K., Shin, J.-S. (2011-06). The pattern of financing industrialization in China: Understanding sources of fixed investment. Global Economic Review 40 (2) : 145-160. ScholarBank@NUS Repository. https://doi.org/10.1080/1226508X.2011.585052
Abstract: This paper explains a puzzling feature of China's industrial financing, i.e., an extremely low share of domestic loans and an unusually high share of 'self-raised funds and others' in a developing country. After an overview of historical patterns of financial industrialization in other countries, it looks into the details of sources of industrial finance in China and suggests some explanations on the country's unique pattern of financing industrialization based on data available. It also discusses implications to the future of China's industrial financing. © 2011 Institute of East and West Studies, Yonsei University, Seoul.
Source Title: Global Economic Review
URI: http://scholarbank.nus.edu.sg/handle/10635/52147
ISSN: 1226508X
DOI: 10.1080/1226508X.2011.585052
Appears in Collections:Staff Publications

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