Marianna Caccavaio

The Effects of the Reform of the Chinese Financial System

  • Abstract

Informations and abstract


In order to meet the needs of a rapidly growing economy, in recent years the Mainland Government has introduced ambitious and wide-ranging reforms to liberalise its financial system. This article looks at China's experience, evaluating the positive effects of its reforms on turnover and liquidity for different classes of shares. Moreover it is observed that it is beneficial for Mainland stock exchanges to pursue closer cooperation or integration with other stock exchanges such as Hong Kong's.

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Article first page

Article first page