China's Financial Markets in the Global Context

Dominick Salvatore

Chinese Economy, 2010, vol. 43, issue 6, 8-21

Abstract: A well-functioning financial sector is crucial for a nation's growth and development. During the past ten years China has made substantial progress in developing and improving its financial markets, but additional major improvements are still needed in areas identified in this article. These improvements will permit China's rapid growth to continue unabated, reduce the structural imbalance in the world economy, and may help to avoid another global financial and economic crisis.

Date: 2010
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