Starting from the initial conditions of China's financial reform, this article analyzes the reasons of the External Institutional Financial Organizations (the EIFOs) stepping into a tight comer. The financial margi...Starting from the initial conditions of China's financial reform, this article analyzes the reasons of the External Institutional Financial Organizations (the EIFOs) stepping into a tight comer. The financial marginal reform carded out by the authority has no endogenous solution under the initial conditions such as the dominance of state-owned finance, the lack of market basement for interest forming, of real finance price, administrative approval system, and of market basement for financial supervision.展开更多
文摘Starting from the initial conditions of China's financial reform, this article analyzes the reasons of the External Institutional Financial Organizations (the EIFOs) stepping into a tight comer. The financial marginal reform carded out by the authority has no endogenous solution under the initial conditions such as the dominance of state-owned finance, the lack of market basement for interest forming, of real finance price, administrative approval system, and of market basement for financial supervision.