Overview

The authors consider the opportunities for foreign participants in the rapidly evolving People's Republic of China across all sectors of economic activity: banking, securities markets, infrastructure, and business investment. In each case, government regulation, legal structure, market organization, and recent trends are analyzed. Consideration is given to central government strategies to modify policies to achieve particular goals. The foreign participant must be aware of these policy changes and the strategies that guide them. Special attention is given to the foreign exchange system as it affects the foreign participant, and the several reforms undertaken in the foreign exchange sector.

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9781567200225

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Reviews

?A handy reference for managers seeking a better understanding of the history, current administration, and future direction of Cgina's financial sector...a sound overview of many of the more complex issues.?-The China Business Review

Author Information

FRANCIS A. LEES is Professor of Economics and Finance at the College of Business Administration at St. John's University. Lees has authored numerous books on international topics, covering international banking, lending, and foreign investment, his most recent book is Global Finance (1995). Lees has been a consultant for almost 20 years, with the United States government, the Conference Board, Central Bank for Cooperatives (Denver), Royal Commission on Electric Power (Toronto), and numerous other business organizations. THOMAS LIAW is Associate Professor of Economics and Finance at the College of Business Administration at St. John's University.

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