Regulatory Intervention Rescued China from the Impact of Global Financial Crisis
19 Pages Posted: 22 Mar 2010
Date Written: March 21, 2010
Abstract
Following the order of events, this paper makes a systematic and comprehensive summary of how the global financial crisis of 2008 affected China. It includes an econometric assessment using by-industry and by-region data, and describes the role of government regulation from a new perspective. China’s economic recovery is a result of regulatory intervention, and enhancing economic momentum created conditions for such intervention to phase out.
Keywords: Global Financial Crisis, Recession, Government Regulation, Economic Recovery
Suggested Citation: Suggested Citation
Li, Ping and Yu, Genqian, Regulatory Intervention Rescued China from the Impact of Global Financial Crisis (March 21, 2010). China Economist, Vol. 5, No. 2, 2010, Available at SSRN: https://ssrn.com/abstract=1576273
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