Working Papers
Capital adequacy ratio (CAR) is one of the key regulatory indicators to judge whether a banking system is sound and stable.
China's interest rate liberalization is remarkably accelerated since 2014, arousing general concern from various quarters about the impact of banks' net interest margin.
Since 2012, the regular financial system in Wenzhou city has witnessed sustained risks which have loomed up along the enterprise guarantee chain with a large scale.
Compiling consolidated financial statements is currently one of the most important parts of China's fiscal reform.