Society & Economicsarticle2026-10-05

Authoritarian markets: The politics of China’s banking explosion

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Abstract

In 1978, China had no commercial banks at all. Under the previous leadership, China had consolidated its banking sector and nationalized it under the umbrella of the People’s Bank of China. Beijing...

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View paper (DOI)OpenAlexComparative StrategyPublished 2026-10-05

Authors: Amit Ranjan Alok

Institutions: Jawaharlal Nehru University