China's Financial Transition at a Crossroads

Book Overview

China's increasing role in global economic affairs has placed the country at a crossroads: how many and what types of international capital-market transactions will China permit? How will China's financial system change internally? What kind of relationships will the Chinese government develop with foreign financial institutions, especially with those based in the United States? Can China broker a sustainable partnership with America that will...

• Format: Hardcover
• Language: English
• ISBN: 0231141920
• ISBN13: 9780231141925
• Release Date: July 2007
• Publisher: Columbia University Press
• Length: 432 Pages
• Weight: 1.56 lbs.
• Dimensions: 1.3" x 6.4" x 9.2"

Customer Reviews

China's Achilles Heel

I had the opportunity to listen to the author lecture on the subject of his book and reinforce its main points with anecdotal and hands-on evidence. China's vast potential and current growth notwithstanding, a period of difficulties can be anticipated as an idiosynchratic, unrealistic banking structure meets market forces and seeks to reinvent itself. Perils and opportunities will abound as this segment of the China economic saga unfolds.