About Qin GouQin Gou is an associate professor in the School of Finance, Central University of Finance and Economics in Beijing, People’s Republic of China.
The People’s Republic of China (PRC) has been liberalizing its financial system for nearly 4 decades. While it now has a comprehensive financial system with a large number of financial institutions and large financial assets, its financial policies are still highly repressive. These repressive financial policies are now a major hindrance to the PRC’s economic growth (Huang and Wang 2011).
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