Government plays a dual role
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The dual role of the government ensures that it controls supply to the securities market in a way that optimizes the interests of the state, rather than those of investors. In the following sections, we examine the specific regulatory evolution of China's securities market from a supply control perspective.
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Yes, government plays a dual role in the functioning of healthy democracy as it has the responsibility to look for the whole country as well as for state and the other decentralized small local governments ....
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