"Red" Banks

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"Red" Banks
A01=Chenzhu Song
Agricultural Development Bank of China (ADBC)
Author_Chenzhu Song
banking
Belt and Road Initiative
BRI
Category=JP
China
China Development Bank (CDB)
China in Africa
Deng Xiaoping
economic policy
eq_bestseller
eq_isMigrated=1
eq_nobargain
eq_non-fiction
eq_society-politics
Export-Import Bank (EXIM Bank)
finance
financialization
forthcoming
infrastructure
joint-stock companies
Mao Zedong
market reforms

Product details

  • ISBN 9798888908952
  • Dimensions: 152 x 228mm
  • Publication Date: 09 Oct 2026
  • Publisher: Haymarket Books
  • Publication City/Country: US
  • Product Form: Paperback
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How China’s banking sector powered the world’s most dramatic economic transformation.

“Red” Banks: The Contribution of Chinese Banks to the Economic Rise of China (1980-2020) opens the vault, revealing how policy banks, state-owned giants, and daring joint-stock institutions fueled China’s rise from 1980 to 2020. The book explores unpublished financial records and financed reforms to Belt and Road mega-projects. How did China’s banks sidestep the pitfalls of Western systems? What made their approach to infrastructure and manufacturing uniquely explosive? This study bridges gaps in global finance research, challenging conventional narratives and exposing the symbiotic relationship between state strategy and real economic growth.

Chenzhu Song studied banking finance in the USA and worked in the Global 500 banking sector. She has extensive banking finance knowledge and experience for both Western countries and China.

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