Sharing China’s Bank Restructuring Bill

作     者：Guonan Ma 

作者机构：Senior Economist the Representative Office for Asia and the Pacific of Bank for International Settlements （BIS） 

出 版 物：《China & World Economy》 (中国与世界经济（英文版）)

年 卷 期：2006年第14卷第3期

页      面：19-37页

核心收录：

学科分类：12[管理学] 02[经济学] 0202[经济学-应用经济学] 1201[管理学-管理科学与工程(可授管理学、工学学位)] 020204[经济学-金融学（含∶保险学）] 

主　　题：China bank restructuring non-performing loans recapitalization 

摘      要：This paper addresses the questions related to the cost of China＇s bank restructuring and how it has been financed. We first propose a framework for recognizing losses. Then, we examine the recent major moves by the Chinese Government to repair the country. ＇s bank balance sheets. Finally, we explore the implications of the Chinese Government＇s methods offunding bank restructuring. We find that the Chinese Government has been decisive in confronting the costly task of bank restructuring. So far, Chinese taxpayers have paid most of the bill for bank restructuring.