China's Emerging Financial Markets: Challenges and Global Impact Book

Ch. 1 Fundamental issues and challenges facing the Chinese economy Guo Shuqing Guo, Shuqing 3

Ch. 2 China's global challenge Stephen S. Roach Roach, Stephen S. 19

Ch. 3 China's high savings, investment, and growth rates, and arguments for the rapid development of financial markets Li Yang Li, Yang 35

Ch. 4 The evolution of banking and finance in China : domestic and international aspects Pieter Bottelier Bottelier, Pieter 53

Ch. 5 China's banking industry : moving forward in accord with reform and opening Wang Zhaoxing Wang, Zhaoxing 73

Ch. 6 China's financial transformation and new challenges Stephen K. Green Green, Stephen K. 91

Ch. 7 Commercial banking reform Wang Jianxi Wang, Jianxi 107

Ch. 8 China's restructured commercial banks : Nomenklatura accountability serving coprorate governance reform? Nicholas Calcina Howson Howson, Nicholas Calcina 123

Ch. 9 Prospects for Chinese banks : why global banks are drawn to China Jamie Dimon Dimon, Jamie 165

Ch. 10 Agricultural financing in China : the difficult transition from a planned to a market system Chen Xiwen Chen, Xiwen 181

Ch. 11 Retail banking : mastering wealth management to capture growth opportunities Hans-Paul Buerkner Buerkner, Hans-Paul 203

Ch. 12 Growing China's retail banking business Ma Weihua Ma, Weihua 217

Ch. 13 Shanghai stock exchange : history and prospects Zhou Qinye Zhou, Qinye 237

Ch. 14 China's securities companies : growth and prospects Wang Dongming Wang, Dongming 251

Ch. 15 China's emerging financial markets : challenges and global impact Kevan Watts Watts, Kevan 263

Ch. 16 China's capital markets Qi Bin Qi, Bin 283

Ch. 17 Opening, reforming, andgrowing China's bond markets Lin Yixiang Lin, Yixiang 307

Ch. 18 China's asset management industry Fan Yonghong Fan, Yonghong 329

Ch. 19 Venture capital/private equity in China John S. Wadsworth, Jr. Wadsworth, John S., Jr. Wu Shangzhi Wu, Shangzhi 343

Ch. 20 China's insurance markets : reform, growth, and prospects Yuan Li Yuan, Li 363

Ch. 21 Strategy of China's largest life insurance company, China Life Yang Chao Yang, Chao 373

Ch. 22 The emergence of China's insurance industry Wu Yan Wu, Yan 383

Ch. 23 China's insurance market Jacques Kemp Kemp, Jacques 397

Ch. 24 China's social security system : issues and prospects Gao Xiqing Gao, Xiqing 417

Ch. 25 China's monetary policy : facing the challenges of financial globalization Wu Xiaoling Wu, Xiaoling 433

Ch. 26 Convertibility of RMB-denominated capital accounts : process and experience Hu Xiaolian Hu, Xiaolian 449

Ch. 27 China's money, bond, and FX markets Xie Duo Xie, Duo 459

Ch. 28 Financial futures markets in China Zhu Yuchen Zhu, Yuchen 481

Ch. 29 China's new currency regime and onshore FX markets Stephen Green Green, Stephen 491

Ch. 30 China's legal system and the financial industry : the past 30 years Wu Zhipan Wu, Zhipan 515

Ch. 31 Legal services in the field of banking and finance Xiao Wei Xiao, Wei 529

Ch. 32 The accounting profession in China : review and outlook James Turley Turley, James 545

Ch. 33 China's taxation and the financial industries Xu Shanda Shanda, Xu 569

Index 583