دورية أكاديمية

How Chinese Financial Centers Integrate into Global Financial Center Networks: An Empirical Study Based on Overseas Expansion of Chinese Financial Service Firms.

التفاصيل البيبلوغرافية
العنوان: How Chinese Financial Centers Integrate into Global Financial Center Networks: An Empirical Study Based on Overseas Expansion of Chinese Financial Service Firms.
المؤلفون: PAN Fenghua1 panfenghua@bnu.edu.cn, HE Ziyun1, SIGLER, Thomas2, MARTINUS, Kirsten3, DERUDDER, Ben4
المصدر: Chinese Geographical Science. Apr2018, Vol. 28 Issue 2, p217-230. 14p.
مصطلحات موضوعية: *FINANCIAL services industry, *FINANCIAL institutions, *GLOBALIZATION, *STOCK exchanges, ECONOMIC conditions in China, 2000-
مصطلحات جغرافية: CHINA
مستخلص: The increasing globalization of the Chinese economy has been enabled by both Chinese financial institutions operating globally as well as international firms operating within China. In geographical terms, this has been organized through a number of strategic cities serving as gateways for the exchange of financial functions, products and practices between China and the global economy. Drawing on location data of financial service firms in China listed on stock exchanges in Shenzhen, Shanghai and Hong Kong, this paper shows that Chinese financial firms are expanding globally and how Chinese financial centers are positioned and connected in the urban networks shaped by these financial service firms. It is found that Hong Kong, China, holds strategic positions in the integration of Chinese cities into global financial center networks, and that establishing a foothold in global financial centers such as New York and London has been a priority for Chinese financial institutions. The increasing capital flows directed by Chinese financial institutions suggests a shifting global financial geography, with numerous Chinese cities playing increasingly important roles within global financial center networks. [ABSTRACT FROM AUTHOR]
قاعدة البيانات: Academic Search Index
الوصف
تدمد:10020063
DOI:10.1007/s11769-017-0913-7