Revelations of US Financial Crisis for the Financial Development of China

  •  Xiaoling Chou    


The financial crisis of 2008 occurring in US not only largely destroyed the financial system and the macroeconomic system of US, but also directly impacted the economy of China because of the increasing mutual infiltration of global capital market. As viewed from financial regulation and financial innovation, the revelations of the financial crisis for the financial development of China are respectively analyzed in this article.

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