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1. Introduction -- 2. A comparative analysis of the Chinese and the US financial system and its regulatory environment -- 3. China’s deepening integration into global financial markets: lessons from the US counterpart -- 4. Pre- and post-pandemic Sino-US inbound and outbound investments -- 5....
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lines and offshore clearing banks. Both policy measures helped to address offshore RMB liquidity shortages given China …'s overall capital account restrictions, with the offshore clearing banks having a quantitatively larger impact. Our analysis …
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