China

Built around the idea of a bankable state, this volume argues against the market-first assumptions of neoliberal thinking and places the Chinese state at the center of how the country's economy takes shape. Its main aim is to advance theoretical debate on the local political economy of China, examining how the government has responded to the problems that arise during reform, transition and development, particularly in the commercial and non-commercial banking sectors.

The book traces the policy processes behind China's economic growth and asks what sets its development path apart within the wider world economy. It examines the financial policy practice the country has adopted and gives an account of the gains it has achieved, presenting these as evidence for a revival of alternative political economy models of local development.

A further strand of the book is its attention to entrepreneurship led by the state, showing how public authority drives enterprise in China.