In Lesson Three we will further review Financial Intermediaries, which serve the purpose of bringing Savers and Users of Capital together. We will broaden our understanding of why it is important for China to further develop its RMB denominated Financial Intermediaries for the purpose of creating Efficient RMB Capital Markets to work alongside USD denominated Capital Markets.
Capital Markets and the Development of Efficient Capital Markets
By JC Collins
In Lesson One we reviewed the definition of Capital, the relationship between Savers and Users of Capital, and we learned about Financial Instruments, which act as the Intermediaries between Savers and Users. In Lesson Two we are going to review the importance of Capital Markets and the need for Efficient Capital Markets.