Financial Systems and Capital Markets

Financial Systems and Capital Markets

Overview

China’s financial system combines state control with market-oriented reforms. Its capital markets are growing in global significance, presenting opportunities for investors and businesses.

Key Points:

  • Banking: Dominated by state-owned enterprises but increasingly diverse.
  • Currency: The yuan (RMB) is gaining international relevance.
  • Fintech: Platforms like Alipay and WeChat Pay dominate the payment landscape.

Why It Matters

Understanding the financial system is key to managing operations and investments in China.