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Asset Securitization in China |
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Asset Securitization in China |
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Abstract Asset Securitization is one of the most important financial innovations in the international finance field in recent several decades. It breaks the current law, accounting and tax regulations through its wonderful contract arrangement, inducing a mew financial technique to the finance market. This paper tries to introduce the structure and operation process of Asset Securitization. Based on the background information, the benefits to the major parties are discussed. The application of Asset Securitization in China is the main focus of this paper. After investigating the significance of developing asset securitization in China and its present status, the obstacles in current legal system are analyzed together with&nbs[1] [2] 下一页 |
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