How Long to Read Shadow Banking and the Rise of Capitalism in China

How Long Does it Take to Read Shadow Banking and the Rise of Capitalism in China?

It takes the average reader 3 hours and 29 minutes to read Shadow Banking and the Rise of Capitalism in China by Andrew Collier

Assuming a reading speed of 250 words per minute. Learn more

Description

This book is about the growth of shadow banking in China and the rise of China’s free markets. Shadow Banking refers to capital that is distributed outside the formal banking system, including everything from Mom and Pop lending shops to online credit to giant state owned banks called Trusts. They have grown from a fraction of the economy ten years ago to nearly half of all China’s annual Rmb 25 trillion ($4.1 trillion) in lending in the economy today. Shadow Banks are a new aspect of capitalism in China – barely regulated, highly risky, yet tolerated by Beijing. They have been permitted to flourish because many companies cannot get access to formal bank loans. It is the Wild West of banking in China. If we define capitalism as economic activity controlled by the private sector, then Shadow Banking is still in a hybrid stage, a halfway house between the state and the private economic. But it is precisely this divide that makes Shadow Banking an important to the rise of capitalism. How Beijing handles this large free market will say a lot about how the country’s economy will grow – will free markets be granted greater leeway?

How long is Shadow Banking and the Rise of Capitalism in China?

Shadow Banking and the Rise of Capitalism in China by Andrew Collier is 205 pages long, and a total of 52,275 words.

This makes it 69% the length of the average book. It also has 64% more words than the average book.

How Long Does it Take to Read Shadow Banking and the Rise of Capitalism in China Aloud?

The average oral reading speed is 183 words per minute. This means it takes 4 hours and 45 minutes to read Shadow Banking and the Rise of Capitalism in China aloud.

What Reading Level is Shadow Banking and the Rise of Capitalism in China?

Shadow Banking and the Rise of Capitalism in China is suitable for students ages 12 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Shadow Banking and the Rise of Capitalism in China?

Shadow Banking and the Rise of Capitalism in China by Andrew Collier is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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