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This study provides comparative perspectives on the current and prospective situation of financial market development in ASEAN, the PRC, and India, identifies key priorities for strengthening financial infrastructure to promote financial development and regional integration, and produces policy...
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The banking system of the People's Republic of China (PRC) is now the largest in the world, and its capital markets are …
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The opening of China's financial sector has progressed at a very slow pace, unlike the manufacturing and trade sectors ….Internally, the financial system centered on China's state-owned commercial banks has focused on indirect financing, which has served … as a major obstacle to upgrading China's economy and industry to the next level, further increasing the need for reform …
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China's recent emergence as a leading global economic and financial powerhouse has implications for all aspects of … sufficiently adapted to the new reality of China’s prominence, and has remained unsustainably centred on incumbent North Atlantic … financial systems. This lagging pattern is in the interest neither of the incumbents, nor of China, nor of the world as a whole …
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A Chinese language, partial, translation of a much longer paper addressing the roots of the Global Financial Crisis 2008-2009, examining proposed structural and regulatory remedies worldwide but with particular reference to the PRC financial sector and its pre-Financial Crisis reform program,...
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