Financial Globalization and the Development of China's Economy

View Sample PDF

Author(s): Zhao Weili (Southern Federal University, China)
Copyright: 2021
Pages: 19
Source title: Handbook of Research on Institutional, Economic, and Social Impacts of Globalization and Liberalization
Source Author(s)/Editor(s): Yilmaz Bayar (Bandirma Onyedi Eylul University, Turkey)
DOI: 10.4018/978-1-7998-4459-4.ch013

Keywords: Business Science Reference / Government & Law / Government and Law / Policy & Reform

Purchase

View Financial Globalization and the Development of China's Economy on the publisher's website for pricing and purchasing information.

Abstract

Since the outbreak of COVID-19, the official Brexit and the trade friction between Sino-US, anti-globalization become the focus of the world. After 40 years of reform and opening up, China's economy is facing new challenges under the new world situation. This chapter mainly focuses on how to promote China's economic growth under the background of financial globalization. Firstly, this chapter will introduce the development trend of the globalization and analyze the relation between financial globalization and economic growth. Secondly, this chapter will examine the state quo of China's financial openness and compare the change of China's de jure financial openness with the change of China's de facto financial openness. At last, this chapter will expound challenges faced by China's economy and put forward possible solutions to these challenges in terms of financial globalization.

The IRMA Community

Research IRM

Financial Globalization and the Development of China's Economy

Purchase

Abstract

Related Content

IRMA Sponsors