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Economy of China: Past, Present and Future || Overview On Chinese Economy

China has its own way of building national economy. Although the financial system is not modern, an interesting paradox of China's success is its rapid growth. The financial repression index based on bank ownership, interest rate regulation, loan intervention, and cross-border capital flow control shows that China is one of the most oppressed economies. It has a much lower degree of liberalization than advanced economies, but China's financial system was almost completely under control before the 1980s, and significant progress was not made in liberalization until around 2000, but it has stagnated since then.

ECONOMY OF WORLD'S POWERFUL NATIONS:

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31 июля 2021 г. 22:13:36
00:08:07
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