Prosper or Perish

Prosper or Perish

The official banking institutions for rural China are Rural Credit Cooperatives (RCCs). Although these co-ops are mandated to support agricultural development among farm households, since 1980 half of RCC loans have gone to small and medium-sized industrial enterprises located in, and managed by, townships and villages. These township and village enterprises have experienced highly uneven levels of success, and by the end of the 1990s, half of all RCC loans were… (more)

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Total Loans Concurent Loans Lifetime Maximum lending period
Unlimited 1 loans Unlimited 59 days

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ACS4 6 loans false false

Book Details  


Publisher: Cornell University Press

Parent ISBN: 9780801450624

Page count: 232 pages

Language: English


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