Financing China Trade and Investment - by Kui-Wai Li (Hardcover)

About the Book

The performance of various types of capital resources in the economic reforms of China are of great interest to those involved in the reforms as policymakers, scholars, and businesspeople. Four major areas of financial development are identified--banking and loans, trade and foreign direct investments, official flows and foreign exchanges, and the stock market. The quality, or efficiency, of the capital resource has not been given equal weight with quantity, as it is difficult to measure the quality of a resource, and because more of a capital resource is generally preferred to less. A comprehensive analysis of trade and investment issues in China has been provided.

Book Synopsis

The performance of various types of capital resources in the economic reforms of China are of great interest to those involved in the reforms as policymakers, scholars, and businesspeople. Four major areas of financial development are identified--banking and loans, trade and foreign direct investments, official flows and foreign exchanges, and the stock market. The quality, or efficiency, of the capital resource has not been given equal weight with quantity, as it is difficult to measure the quality of a resource, and because more of a capital resource is generally preferred to less. A comprehensive analysis of trade and investment issues in China has been provided.

Review Quotes

.,."China's market will continue to grow annually between 6 and 10 percent during the next fifteen years. At such a pace, China will possess one of the key global economies in the coming century that Western economists, businesspeople, and especially policy makers will increasingly need to understand. Hopefully, there will be more collections such as Financing China Trade and Investment that will help unravel the mysteries of the Chinese economic "miracle.""-China Review International

?...China's market will continue to grow annually between 6 and 10 percent during the next fifteen years. At such a pace, China will possess one of the key global economies in the coming century that Western economists, businesspeople, and especially policy makers will increasingly need to understand. Hopefully, there will be more collections such as Financing China Trade and Investment that will help unravel the mysteries of the Chinese economic "miracle."?-China Review International

?[P]rovides a great deal of useful information about the sources of investment capital in China....[T]his is certainly a useful book for anyone interested in the topic of financial intermediation in China.?-Pacific Affairs

"ÝP¨rovides a great deal of useful information about the sources of investment capital in China....ÝT¨his is certainly a useful book for anyone interested in the topic of financial intermediation in China."-Pacific Affairs

"[P]rovides a great deal of useful information about the sources of investment capital in China....[T]his is certainly a useful book for anyone interested in the topic of financial intermediation in China."-Pacific Affairs

..."China's market will continue to grow annually between 6 and 10 percent during the next fifteen years. At such a pace, China will possess one of the key global economies in the coming century that Western economists, businesspeople, and especially policy makers will increasingly need to understand. Hopefully, there will be more collections such as Financing China Trade and Investment that will help unravel the mysteries of the Chinese economic "miracle.""-China Review International

About the Author

KUI-WAI LI is Associate Professor of Economics and Finance at the City University of Hong Kong. Dr. Li has done extensive research on the economic reforms in banking and financial development of China and has published Financial Repression and Economic Reform in China (Praeger, 1994), in addition to numerous articles on Asian economies. His next work is Economism: The Asian Development Paradigm, forthcoming from Praeger.