Financing China Trade and Investment / Edition 1

by Kui Wai Li

Overview

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.

Product Details

ISBN-13:	9780275951153
Publisher:	Bloomsbury Academic
Publication date:	04/16/1997
Edition description:	New Edition
Pages:	304
Product dimensions:	6.00(w) x 9.00(h) x 0.81(d)

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.

Table of Contents

Foreword
Preface
Overview
Money and Banking in China
Foreign Bank Lending to Chinese Industries—Criteria and Procedures
The Development of Direct Foreign Investment in China
Foreign Direct Investment, External Trade and Economic Development in China
Japan's Direct Investment in China—Current Situation, Prospects, and Problems
Taiwan's Trade and Investment in China
Foreign Exchange Markets in China—Evolution and Performance
Official Flows to China—Recent Trends and Major Characteristics
Commodity Futures Markets in China
The Stock Markets in China
Risk, Returban, and Price Linkage in Chinese Stocks

Editorial Reviews

Noting the peculiarity that China's commercial expansion has proceeded with no lack of capital, usually thought of as the limiting factor, 11 studies look at the sources of capital, but more importantly at the efficiency of its accumulation and investment. They consider four sources: banking foreign direct investment and trade, official flows, and equities. The topics include criteria and procedures for foreign bank lending to Chinese industries, the current state and prospects of Japan's direct investment, commodity futures markets, and the stock markets. Distributed in the US by Greenwood. Annotation c. by Book News, Inc., Portland, Or.

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