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Financial Crime in China

Developments, Sanctions, and the Systemic Spread of Corruption

Authors: Cheng, Hongming

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About this book

Given China's rapid development, many observers assert that world economic growth and key economic indicators are now depending on the country alone, including the prospects of the dollar, the Euro, oil prices, industrial commodities, global equity markets and bond prices. On the other hand, China faces a number of major social and economic challenges which could undermine future growth, such as prevalent corruption, financial crime, and the relative lack of the rule of law.

Financial Crime in China builds upon original research into the topic and offers a never-before-seen look at the systemic spread of state-controlled corruption in the form of bank fraud, securities fraud, insider trading, and Ponzi schemes. Cheng presents an authentic picture of financial crime in China by identifying the latest manifestations, analyzing empirical data and case studies, and drawing conclusions about the origin, characteristics, dynamics, and developmental features of financial criminality in the context of political economy. 

About the authors

Hongming Cheng is Associate Professor of Crime, Law and Justice at the University of Saskatchewan, Canada; an Adjunct Senior Fellow at Käte Hamburger Kolleg/Centre for Global Cooperation Research, Germany; and an Edmond J. Safra Network Fellow at Harvard University, USA.

Reviews

"Cheng has presented a multi-layered story of the forms of corruption and the party-state's measures against corruption in a highly dynamic China of today, full of risks and opportunities." - Liqun Cao, Professor of Sociology, University of Ontario Institute of Technology, co-editor of The Routledge Handbook of Chinese Criminology

"Despite its growing importance as both a domestic and international problem, white-collar crime in China remains relatively understudied among scholars throughout the world. Cheng provides a highly informative and detailed analysis of Chinese financial crime stemming from the fundamental incompatibility between the current market economy and China's continuing authoritarian rule. Drawing on official data, news reports, and case studies, the book challenges and expands upon current criminological notions of white-collar crime and offers numerous valuable insights for future research." - Henry N. Pontell, Distinguished Professor and Chair, Department of Sociology, John Jay College of Criminal Justice, USA; co-author of Profit Without Honor: White-Collar Crime and the Looting of America


Table of contents (9 chapters)

Table of contents (9 chapters)

Buy this book

eBook $89.00
price for USA in USD (gross)
  • ISBN 978-1-137-57106-9
  • Digitally watermarked, DRM-free
  • Included format: PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $119.99
price for USA in USD
  • ISBN 978-1-137-43529-3
  • Free shipping for individuals worldwide
  • Immediate ebook access, if available*, with your print order
  • Usually dispatched within 3 to 5 business days.
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Bibliographic Information

Bibliographic Information
Book Title
Financial Crime in China
Book Subtitle
Developments, Sanctions, and the Systemic Spread of Corruption
Authors
Copyright
2016
Publisher
Palgrave Macmillan US
Copyright Holder
The Editor(s) (if applicable) and The Author(s)
eBook ISBN
978-1-137-57106-9
DOI
10.1057/9781137571069
Hardcover ISBN
978-1-137-43529-3
Edition Number
1
Number of Pages
XIV, 194
Topics

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