An unlikely champion of global finance: why is China exceeding international banking standards?
As a G20 member, China has been engaged in financial reform since the end of the global financial crisis. A core piece of this reform is Basel III, the new prudential standard issued by the Basel Committee. Rather than being merely compliant, China’s banking regulation is stricter than the global standard and being implemented ahead of the international timetable. Why is China voluntarily subjecting itself to tougher regulatory standards than the rest of the world? This article shows that low...Expand abstract
- Publication status:
- Peer review status:
- Peer reviewed
(Version of record, pdf, 472.2KB)
- Copyright holder:
- Knaack, P
- Copyright date:
The Journal of Current Chinese Affairs is an Open Access publication.
It may be read, copied and distributed free of charge according to the conditions of the
Creative Commons Attribution-No Derivative Works 3.0 License.
If you are the owner of this record, you can report an update to it here: Report update to this record