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China's Financial Transition at a Crossroads

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 |  2007-07-06 |  2007-07-06 | File type: PDF

||1 of 3 people found the following review helpful.| China's Achilles Heel|By K. Panagidis|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 rein| |This extremely useful book gives the perspectives of leading academic economists on China's difficult transition to financial liberalization. It will be an extremely useful reference for anyone trying to understand Chinese financial systems as well as the coun

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 avoid sending econo...

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