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Shanghai

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Business and Politics in Asia's Key Financial Centres

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Abstract

Shanghai is one of the most important financial centres to have emerged in Asia. It is China’s main financial centre, serving the largest economy in Asia. Given its strategic importance to China, Shanghai’s development as an IFC is a state-driven process that is inextricably linked to overall national economic development. This chapter discusses Shanghai’s development as an IFC by focusing on its determinants of comparative advantage, model of financial governance, regulatory regime, financial policy mix, and financial policy subsystem.

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Authors and Affiliations

  1. Nanyang Technological University, Singapore, Singapore

    J. J. Woo

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  1. J. J. Woo
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Correspondence to J. J. Woo .

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Woo, J.J. (2016). Shanghai. In: Business and Politics in Asia's Key Financial Centres. Springer, Singapore. https://doi.org/10.1007/978-981-287-985-1_6

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  • DOI: https://doi.org/10.1007/978-981-287-985-1_6

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  • Print ISBN: 978-981-287-983-7

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