State Control



This chapter situates its query about the control mechanisms the Chinese state relies on to ensure its twin policy banks’ compliance with its priorities at home and abroad in the broad literature about organizational control. It finds that the Chinese state has put in place two types of control mechanisms over its twin policy banks—CDB and CHEXIM. On the strategic level, the Chinese state maintains a solid grip over their strategic directions and directly appoints their top-level officials. On the operational level, the Chinese state exercises its regulatory oversight and engages in policy coordination through five central bureaucracies. These control mechanisms offer a direct explanation for the congruity between the priorities of the Chinese state and the activities CDB and CHEXIM undertake at home and abroad.


Control mechanisms Organizational control Strategic control Operational control 


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© The Author(s) 2019

Authors and Affiliations

  1. 1.ConocoPhillips Petroleum Chair in Chinese and Asian Studies David L. Boren College of International StudiesUniversity of OklahomaNormanUSA

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