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China's Emerging Financial Markets
內容大綱
This case documents the many unusual features and puzzles of Chinese financial markets (e.g., foreigners' receiving large discounts in buying Chinese shares relative to Chinese investors). The case illustrates how government policies can have a profound impact on the development of financial markets. Students analyze how policies work and why policies are imposed in China and generally not elsewhere. It also illustrates the perils and added risks from government regulation in financial markets.