Home>Course>[CHES5159] Financialization and China’s Development>CHES5159

This course examines the development and transformation of China’s financial system during the recent decades of market-oriented reforms. 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 evolution, challenges and opportunities of China’s financial reforms.

Lecture 1&2 (September 7 & September 14) Introduction: Finance and Development

Lecture 3 (September 21) Global Finance and China’s Reform

Lecture 4 (September 28) Hybrid Governance in China’s Finance System

Lecture 5 (October 5) China’s Banking Reform

Lecture 6 (October 12) China’s Development Finance

Lecture 7 (October 26) The Rise of Shadow Banking in China

Lecture 8 (Nov 2) Corporatization and State Capital

Lecture 9 (Nov 9) Capital Market Reforms

Lecture 10 (November 16) Public Finance

Lecture 11 (November 23) Financial Technology

Lecture 12 (November 30) Bureaucracy and Regulatory Reform

Final test (December 7)