Course Code
CHES3002/ CCSS3610
Course Name
China’s Financial Reforms: Problems and Perspectives
Instructor
Prof. Chen Li
Teaching Assistant
Kelvin Wu
Course Description
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.
Course Outline
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
Assessment & Assignments
Attendance 10% |
Discussion Participation 10% |
Reading Presentation 20% |
Term Paper 30% |
Final Test 30% |
Honesty in Academic Work
The University Regulations on academic dishonesty will be strictly enforced. Please check the University Statement on plagiarism on the web: http://www.cuhk.edu.hk/policy/academichonesty/