03707oam 2200529 450 991014137930332120190911100039.01-119-19915-81-283-73566-01-118-17639-11-118-17638-3(OCoLC)820336140(MiFhGG)GVRL8FQH(EXLCZ)99267000000027051620130430d2013 uy 0engurun|---uuuuatxtccrChina's superbank debt, oil and influence : how China development bank Is rewriting the rules of finance /Henry Sanderson, Michael Forsythe1st editionHoboken, N.J. Bloomberg Press2013Singapore :Wiley,2013.1 online resource (xx, 203 pages) illustrationsBloombergDescription based upon print version of record.1-118-17636-7 Includes bibliographical references and index.China's Superbank: Debt, Oil and Influence-How China Development Bank Is Rewriting the Rules of Finance; Copyright; Contents; Preface; Acknowledgments; Chapter 1: Let 10,000 Projects Bloom; The Wuhu Model; The Chongqing Model; Global Financial Crisis; A Town Called Loudi; Li's Story; ""Manhattan"" in China; Credit Risk in a One-Party State; Cracks in the System; Chapter 2: Turning a Zombie Bank into a Global Bank; A Life in the Party; The Princeling Party: The Beginning of State Capitalism; Taking Over a Basket Case; Transforming CDB from an ATM Machine; Developing a SloganBeating the Commercial Banks Gao Jian: Creating a Market for ""Risk-Free"" Bonds; The West Self-Destructs: The Financial Crisis; Moving Beyond Wall Street; Chapter 3: Nothing to Lose but Our Chains: China Development Bank in Africa; Made in Ethiopia; Ethiopia's Zone: Exporting to the West; China-Africa Development Fund: The State's Private Equity Arm; Rising Role of China in Africa; Fixed Capital: Western-Style Lending; African Tiger: Can Ghana Escape the Resource Curse?; Fresh Capital; Chapter 4: Risk versus Reward: China Development Bank in Venezuela; Default in Bolívar's CountryChina's Venezuelan Adventure Loans for Oil; Cars, Housing, and Gold: Good Business for China; Ecuador; Russia; China in the Backyard of the United States; Chapter 5: Funding the New Economy; Obama's Dream; Default-Free Bond Market; Financing China's Global Company: Huawei; The Final Frontier: Private Equity; Acting as a Gatekeeper; Imprint of the State; Chapter 6: The Future; About the Authors; IndexInside the engine-room of China's economic growth-the China Development Bank Anyone wanting a primer on the secret of China's economic success need look no further than China Development Bank (CDB)-which has displaced the World Bank as the world's biggest development bank, lending billions to countries around the globe to further Chinese policy goals. In China's Superbank, Bloomberg authors Michael Forsythe and Henry Sanderson outline how the bank is at the center of China's domestic economic growth and how it is helping to expand China's influence in strategically importantBloombergBanks and bankingChinaChinaEconomic policy2000-ChinaEconomic conditions2000-Banks and banking332.10951Sanderson Henry(Journalist)816155Forsythe MichaelMiFhGGMiFhGGBOOK9910141379303321China's superbank2065451UNINA