The Impact of the Financial Reform in China
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Authors
Yan, Jufang
Issue Date
2018-03-23
Type
Other
Language
en_US
Keywords
China , Finance , Financial reform
Alternative Title
Abstract
China has issued many policies to implement financial liberalization such as deregulation in the bank sector, refinements in financial markets, and allowing more freedom for Chinese and foreign investors to participate and interact domestically and overseas (Lee 2012). The purpose of these policies is to connect Chinese financial market with global markets closely. Here, we study the impact of the monetary policy issued by the People’s Bank of China in Nov. 2016 for allowing global investors to access the Chinese stock markets directly.