DEVELOPMENT STRATEGIES OF CHINESE FINANCIAL REGULATION IN THE CONTEXT OF INTEGRATION OF INTERNATIONAL RISKS
Journal Title: Topics in Economics, Business and Management (EBM) - Year 2017, Vol 1, Issue 1
Abstract
The U.S.-led international financial regulation and risk management in the past were inextricably linked to economic development in the past. In particular, after the “subprime mortgage crisis” in 2008, the United States and Europe have transmitted economic damages and influences at different levels to Asia, demonstrating the characteristics of integration of international risks and contributing to the establishment of risk regulation act of the “Third Basel Accord”. In contrast, Chinese recent economic development has attracted worldwide attention, making China the world’s second largest economy. In the context of current new international regulatory system, China shall find its own position in order to maximize profits
Authors and Affiliations
Chao-Feng Hsu, Chun-Hung Chen, Bi-Ru Lee
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