| About Chinese stock market edged discussion isn't over, Chinese construct bank, China bank are going to come in stock market.2004 is a financial year. More than 20 years rains and winds, more than 20 years reformation .China has accumulated too much fruits ,too much risks. It is time to adjust.-for developing healthy, long enough .Chinese economy become stronger and stronger, meanwhile, the voice request RMB revalue become higher too. Unfortunately, our bank system is very weak, which obstructs RMB become stronger. Billons of non-performing loans are not only the result of economy performing, but also is the cause of economy performing. Especially after first time it had removed a huge sum of non-performing loans. It has reserved much more non-performing loans rapidly again, which embody many deep level structure paradox. It seems that technical measure isn't effective.What should one do? This thesis tries from history environment, realistic environment, the level of institution, the level of manipulation to make a synthesized analysis, and then put forward some related measures. In order to solve non-performing loans, or provided the vast visual field, provide more degree to think the question. This is also the one aim of this thesis.Four state-owned commercial banks are working hard to decrease their non-performing loans rate in recent years. Chinese construct bank, China bank have walked ahead, they are preparing to appear on stock market, but, remove non-performing loans is not a object, just means. Only for the sake of bank can operate well, strong their anti-risk ability .It is needed to pay attention to institution construction, face to market .It is cruel that bank grow up healthily .to a certain extend, this thesis has some realistic meaning.This thesis has 3 parts. Part one, state-owned commercial banks' non-performing bans and its negative, macroscopic effects. Firstly, introduce the definition of the non-performing loans, actual state. Secondly, the negative and macroscopic effect is mentioned, namely inflation affects, deflation effect and interference effect. In different business circle, the effect is different.Part two, the author analysis state-owned banks' non-performing loans' cause. In the level of institution, emphasized to analyze the national opportunism action, the central bank isn't independent, commercial bank like a section of government, enterprise action alienate business behavior, and all they interaction is mentioned. , Namely two layer anti -pouring mechanism, which is the root of the non-performingloans. In the manipulation level, the author analyze the central bank, state-owned commercial banks, enterprise's aim, action space and interaction, which the game theory in the term of dissymmetrical information. The dissymmetrical information is a necessary condition to become non-performing loans .in history environment analyzing, the author looked back to process of the economy development, the heavy industry initiated strategy result to finance suppresses. The economy behavior is distorted, which cause splinted economy. Meanwhile, Chinese type reformation can't result to indeed market. Bank is given an other role in economy. So the author thinks history reason is a board background, is an important restraint in solving non-performing loans.In realistic environment analyzing, it starts financial structure, the structure of financial market, and the structure of financial district. For there is no big unified market, the labor division is broken. There is extensive blank in market regulation excessiveness and vacuum exists in the same time. What's more? There many arbitrage opportunities, although there is much risks, which is the rich soil of non-performing loans.Part three, the way to avoid and solve non-performing loans. This part based on the analysis of parts two. Here only put forward to some suggestion or measures. Firstly, increase the independent of central bank; make it be the headquarters of market economy. Secondly, property reformation. That is to say, priviaz...
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