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The Chinese Capital Markets

The Chinese Capital Markets

Paperback

Business GeneralInvesting & FinanceGeneral Education

ISBN10: 0367509237
ISBN13: 9780367509231
Publisher: Routledge
Published: Mar 1 2022
Pages: 326
Weight: 1.22
Height: 0.70 Width: 6.85 Depth: 9.69
Language: English

In the past China's capital market featured prevalent state ownership and a weak legal environment. It has, however, achieved very substantial development in the past two decades. China has surpassed Japan as the world's second-largest stock market and has also emerged as a leading player in green bonds and Fintech markets. The chapters in this book provide insights on Chinese listed firms and advance the understanding of China's unique institutions. Some important questions are covered including the governance role of foreign investors in partially privatized firms, the financial implications of political connections, the Chinese model of commercial banks and regulatory reforms that promote the marketization of the stock markets, among others. These studies have important implications for other emerging economies, on the recent China-US trade conflicts and about the Trump administration's complaints about the role of the Chinese government in capital markets.

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