Finance in China course assignment 2014-2015;

State capitalism is an economic model which competes with the free-market model in which “the state functions as the leading economic actor and uses markets primarily for political gain” (Bremmer, 2009). China is the most often cited practitioner of state capitalism. In this assignment, you are asked to write an essay on how the Chinese financial system reflects China’s model of state capitalism. More specifically, you should at least cover the following elements: (1) a literature review on features of state capitalism in general, (2) some important features of the Chinese financial system (including the banking sector, the bond market, and the stock market), and (3) Why are these features the reflections of China’s model of state capitalism.
To help you start from somewhere, I have uploaded two relevant papers on the E-Board (under section week 6): (1) Bremmer, Ian (2009) State capitalism comes of age: the end of the free market? Foreign Affairs (May/June 2009), 1-11. (2) The Economist (2012) The visible hand, special report on state capitalism, January 21st 2012. You will obtain some ideas about which direction you need to go in order to further explore this topic.
The essay is expected to be about 3000 words. The essay will account for 30% of the total grade of the course.
The deadline for submitting the essay is Monday 23 March, 2015.