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Book Cover
E-book
Author Sanderson, Henry, author

Title China's Superbank : Debt, Oil and Influence - How China Development Bank is Rewriting the Rules of Finance
Published New York : Wiley, 2012

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Description 1 online resource (226 pages)
Series Bloomberg
Bloomberg
Contents China's Superbank: Debt, Oil and Influence-How China Development Bank Is Rewriting the Rules of Finance; Copyright; Contents; Preface; Acknowledgments; Chapter 1: Let 10,000 Projects Bloom; The Wuhu Model; The Chongqing Model; Global Financial Crisis; A Town Called Loudi; Li's Story; "Manhattan" in China; Credit Risk in a One-Party State; Cracks in the System; Chapter 2: Turning a Zombie Bank into a Global Bank; A Life in the Party; The Princeling Party: The Beginning of State Capitalism; Taking Over a Basket Case; Transforming CDB from an ATM Machine; Developing a Slogan
Beating the Commercial BanksGao Jian: Creating a Market for "Risk-Free" Bonds; The West Self-Destructs: The Financial Crisis; Moving Beyond Wall Street; Chapter 3: Nothing to Lose but Our Chains: China Development Bank in Africa; Made in Ethiopia; Ethiopia's Zone: Exporting to the West; China-Africa Development Fund: The State's Private Equity Arm; Rising Role of China in Africa; Fixed Capital: Western-Style Lending; African Tiger: Can Ghana Escape the Resource Curse?; Fresh Capital; Chapter 4: Risk versus Reward: China Development Bank in Venezuela; Default in BolĂ­var's Country
China's Venezuelan AdventureLoans for Oil; Cars, Housing, and Gold: Good Business for China; Ecuador; Russia; China in the Backyard of the United States; Chapter 5: Funding the New Economy; Obama's Dream; Default-Free Bond Market; Financing China's Global Company: Huawei; The Final Frontier: Private Equity; Acting as a Gatekeeper; Imprint of the State; Chapter 6: The Future; About the Authors; Index
Summary Inside the engine-room of China's economic growth-the China Development Bank Anyone wanting a primer on the secret of China's economic success need look no further than China Development Bank (CDB)-which has displaced the World Bank as the world's biggest development bank, lending billions to countries around the globe to further Chinese policy goals. In China's Superbank, Bloomberg authors Michael Forsythe and Henry Sanderson outline how the bank is at the center of China's domestic economic growth and how it is helping to expand China's influence in strategically important overseas markets
Bibliography Includes bibliographical references and index
Notes Print version record
Subject Guo jia kai fa yin hang (China)
Guo jia kai fa yin hang (China)
Banks and banking -- China
BUSINESS & ECONOMICS -- Banks & Banking.
Finance.
Banks & Banking.
BUSINESS & ECONOMICS.
Economics.
Banks and banking
Economic history
Economic policy
China -- Economic policy -- 2000-
China -- Economic conditions -- 2000-
China
Genre/Form Electronic books
Form Electronic book
Author Forsythe, Michael
ISBN 9781118176399
1118176391
9781119199151
1119199158