Reforms of the Agricultural Bank of China: Can Policy and Commercial Objectives Be Reconciled?

Yuk Shing Cheng*

*Corresponding author for this work

    Research output: Contribution to journalArticlepeer-review

    7 Citations (Scopus)

    Abstract

    This paper investigates the evolution of the ABC, from its reestablishment in 1979 as a state bank to the announcement of shareholding reform toward the end of 2008. The ambivalence of the government in reforming the ABC and the limitations of the reforms are studied. The concluding analysis examines the meanings and implications of the reforms and discusses how the ABC has been finding ways, by means of local experiments, to reconcile policy and commercial objectives.

    Original languageEnglish
    Pages (from-to)79-97
    Number of pages19
    JournalChinese Economy
    Volume42
    Issue number5
    DOIs
    Publication statusPublished - 1 Sep 2009

    Scopus Subject Areas

    • Economics, Econometrics and Finance(all)

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