"Chinese-style" regulatory enforcement Essence and trajectory
In China’s immature capital markets, regulatory enforcement has typically oscillated between two extremes, which we can refer to as “weak regulation” and “strong regulation”, and this continues to be the case. Times of “weak regulation” have generally occurred due to an absence of regulatory measures and resources, while “strong regulation” has tended to be implemented in the form of “campaign-style law enforcement.” To understand the general direction in which regulatory enforcement has been moving requires insight into recent considerations of top-level policy formulation and of the general status of market development in China.
Performance magazine issue 27, September 2018
Performance is a triannual digest, dedicated to investment management professionals, which brings you the latest articles, news and market developments from Deloitte’s professionals and clients.