Naiema I. Blanchard

Naiema I. BlanchardClass of 2013
Staff, Volume 37

Blog Posts

The New State Capitalism: Will China's Evolving Financial System Serve as an Example for Reforms in the Western World?

At the conclusion of her presentation, Shruti Rana, Associate Professor of Law at the University of Maryland, left us with a final question: As the financial systems across the globe are in trouble, what will emerge: a stronger free market? Or the rise of state capitalism? According to her research, Professor Rana predicts that the structural changes to the financial system employed by the Chinese government will facilitate their rise to becoming a new global power and that China’s mixed public/private banking structure is the model for state capitalism of the modern world.


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No Comments | Posted by Naiema I. Blanchard on Sun. February 26, 2012 11:43 AM
Categories: Investment in Foreign Markets
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