Abstract
There are many burgeoning literatures dominate the debates on relationship between financial developments and economic growth in China. It has always been a contagious one. The Chinese state is making coordinated effort for the development of the financial sector for economic growth to address issues of local development. Since the reforms of 1978, the Chinese economy has witnessed rapid growth. This paper explores the relationship between financial development and economic growth in China. It argues that there is a bidirectional causality between financial development and economic growth in China.
| Original language | English |
|---|---|
| Pages (from-to) | 89-98 |
| Number of pages | 10 |
| Journal | International Journal of Economics and Finance |
| Volume | 11 |
| Issue number | 3 |
| Early online date | 23 Feb 2019 |
| DOIs | |
| Publication status | Published - 27 Feb 2019 |
Bibliographical note
CC-BY This work is licensed under a Creative Commons Attribution 4.0 License.UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
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SDG 8 Decent Work and Economic Growth
Keywords
- Finance
- Economy
- Development
- China
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