Economics, Econometrics and Finance
8 years ago

Financial Crisis in US Sparks Urgent Need for China's Supervision Reform

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Enlightenments of the Financial Crisis in the United States for Perfecting China's Financial Supervision System
Tian Zhong-jing

Paper Summary

The financial crisis in the United States showed that effective financial supervision is crucial. China can learn from this by improving coordination among regulatory authorities, encouraging financial innovation, enhancing the legal system, training skilled regulatory personnel, and refining regulation methods to prevent financial risks and boost economic growth.

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