Probe into the Rent-Seeking Issue in China’s Security Issuance

Abstract

The security market has developed fast in China. It has spent ten years in completing the course that was completed by countries with perfect capitalism market economy in one hundred years. Because the development of market system fails to catch up with the fast development of security market, lots of issues appear. Focusing on the imperfection of security issuance market, this paper tries to probe into the relatively severe rent-seeking issue and tempts to provide with suggestions for reform.