These capital injections by the BOJ were unusual but necessary steps to prevent the materialization of systemic risk at the stage  8  before the establishment of the aforementioned resolution framework, including the bailout by public funds. Implications for China In China today, the business environment of financial institutions is changing rapidly due to financial liberalization and the slower economic growth.
and the collective European response to the corona-crisis, as evidenced by the European Recovery Fund and other initiatives (SURE, EIB, ESM).