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China's Financial Markets: An Insider's Guide to How the Markets Work [With CDROM]
China s financial markets represent about $2 trillion and are expected to grow to about $10 trillion by 2008. As these markets continue to open to outside investment, a thorough understanding of how they operate will be essential for success. In this book, Salih Neftci, an expert in finance whose teaching and research span North America, Europe and Asia, and Michelle Menag ...more
Hardcover, 400 pages
Published November 1st 2006 by Academic Press
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An analysis of their status in 2005 written by experts on each market. At times this was like reading an FASB pronouncement, unless relevant to a pressing issue, a good aid in getting to sleep. Nevertheless it is a vivid portrait of efforts to create efficient capital markets using western concepts within the framework of a tightly centralized government. Since the end of the cultural revolution, people in China have begun to realize the freedom to analyze and propose alternatives in many areas, ...more