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Innovation and Development of China’s Financial Theory

In: Handbook of Chinese Economics

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  • Zhuoyuan Zhang

Abstract

Over the past 40 years of reform and opening up, China’s financial reform and development have revolved around the main line of the construction and deconstruction of mobilized monetary and financial systems featured by expansion of bank credit under the state’s implicit credit guarantee. This chapter intends to sort out the innovation of financial theory in this aspect.

Suggested Citation

  • Zhuoyuan Zhang, 2023. "Innovation and Development of China’s Financial Theory," Springer Books, in: Handbook of Chinese Economics, chapter 0, pages 301-342, Springer.
    • Handle: RePEc:spr:sprchp:978-981-99-0420-4_11
    DOI: 10.1007/978-981-99-0420-4_11
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