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Dancing With Wolves: Regulation And De-Regulation Of Foreign Investment In China's Stock Market, Jiangyu Wang
Dancing With Wolves: Regulation And De-Regulation Of Foreign Investment In China's Stock Market, Jiangyu Wang
ExpressO
China’s stock market is the world’s youngest one and the fastest-growing one as well. During the past decade, it has been developed with a variety of unique features, most of which are inconsistent with the concept of a viable market economy. China’s dualist regulatory regime has different sets of rules for domestic participants and foreign investors. For a long period, foreign investment in the stock market was subject to severe restrictions and effectively excluded from all market activities except in the B shares market. Fundamental changes, however, have occurred following China’s accession to the WTO, especially in the last two …