Will financial liberalization trigger an economic crisis in China?

Published: Aug. 29, 2018, 3:34 a.m.

b'Financial liberalization is typically associated with bringing benefits to emerging economies\\u2014cutting red tape, boosting growth, expanding trade, and creating jobs and opportunity. Is it just what China needs as the country\\u2019s leaders grapple with how to guide it to the next level? \\n\\nOr would it bring with it added risks to China\\u2019s economy? And could those risks trigger a crisis? \\n\\nRead the transcript\\nhttps://bit.ly/2ok9jxy\\n\\nRead the working paper\\nhttps://www.adb.org/publications/will-financial-liberalization-trigger-first-crisis-prc-lessons\\n\\nAbout the authors\\nQin Gou is an associate professor at the School of Finance, Central University of Finance and Economics.\\nHuang Yiping is Jin Guang chair professor of economics and deputy dean of the National School of Development and director of the Institute of Digital Finance of Peking University. Both universities are in Beijing, the People\\u2019s Republic of China.\\n\\nKnow more about ADBI\\u2019s work\\nhttps://bit.ly/2ojI31O\\nhttps://bit.ly/2wp9hZq\\nhttps://bit.ly/2wpMYCa'