Influence of protectionist policies on the development of the securities market of China

Authors

Keywords:

securities market, China, shares, securities, protectionism, portfolio investment

Abstract

The article identifies the key aspects of the development of the Chinese securities market, the elements of the policy of restriction of the inflow of portfolio investments and the tools of protectionist policies. The impact of protectionist measures on the stock market, price movements, volatility and liquidity has been investigated. It justifies the proposition that stable development can be achieved only in the case of creation of an effective equity capital system with an emphasis on the problem of minority shareholders’ rights.

Author Biography

  • Aliaksei D. Lukyanin, Belarusian State Economic University, 26 Partizanskij Avenue, Minsk 220070, Belarus

    postgraduate student at the department of international economics

References

  1. World Bank open data [Internet; cited 2019 February 17]. Available from: http://data.worldbank.org/.
  2. Moshenskij SZ. Rynok tsennykh bumag: transformatsionnye protsessy [Securities market: transformation processes]. Moscow: Ekonomika; 2010. 240 p. Russian.
  3. Trading rules of Shanghai stock exchange [Internet; cited 2019 February 17]. Available from: http://english.sse.com.cn/tradmembership/rules/c/3977570.pdf.
  4. Order of the China securities regulatory commission [Internet; cited 2019 February 17]. Available from: http://english.sse.com.cn/laws/framework/c/4741930.pdf.
  5. Provisional measures on the administration of the domestic securities investment of qualified foreign institutional investors [Internet]. China Securities Regulatory Commission [cited 2019 February 17]. Available from: http://www.csrc.gov.cn/pub/csrc_en/newsfacts/release/200708/t20070810_69192.htm.
  6. International monetary fund [Internet; cited 2019 February 17]. Available from: http://data.imf.org/?sk=e6a5f467-c14b-4aa8-9f6d-5a09ec4e62a4.

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Published

2019-12-03

Issue

No. 2 (2019): Journal of the Belarusian State University. Economics

Section

F. International Economics

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How to Cite

[1]
Lukyanin, A.D. 2019. Influence of protectionist policies on the development of the securities market of China. Journal of the Belarusian State University. Economics. 2 (Dec. 2019), 17–24.