Finnish research finds Chinese growth is restricted by capital constraints


Credit constraints continue to dampen the growth of Chinese corporations despite the reforms implemented in recent years, a discussion paper by the Bank of Finland has concluded.

The paper, by Risto Herrala and Yangdong Ja, finds that while larger corporations enjoy higher levels of credit availability, they still face binding borrowing constraints.

In the past decade, there has been a significant improvement in credit supply conditions for government firms relative to other firms, something

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: