{"title":"The Politicization of China's Stock Market and Its Consequences","authors":"L. Guoping","doi":"10.1109/ITCS.2010.27","DOIUrl":null,"url":null,"abstract":"China’s stock market is systematically politicized by the government to promote its political agendas. The mantra of “socialism” has turned the stock market into a mere fund-raising vehicle for failing SOEs. The legislation and enforcement of securities-related laws are subject to the will and wishes of the government. Such a systemic politicization of stock market has caused some serious consequences for China’s stock market and economic growth.","PeriodicalId":340471,"journal":{"name":"2010 Second International Conference on Information Technology and Computer Science","volume":"1 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2010-07-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"2010 Second International Conference on Information Technology and Computer Science","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1109/ITCS.2010.27","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 0
Abstract
China’s stock market is systematically politicized by the government to promote its political agendas. The mantra of “socialism” has turned the stock market into a mere fund-raising vehicle for failing SOEs. The legislation and enforcement of securities-related laws are subject to the will and wishes of the government. Such a systemic politicization of stock market has caused some serious consequences for China’s stock market and economic growth.
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