Financial Sector Reform and the International Integration of China

1st Edition

Zhongmin Wu

Routledge
Published November 25, 2016
Reference - 300 Pages - 21 B/W Illustrations
ISBN 9781138991040 - CAT# Y210283
Series: Routledge Studies on the Chinese Economy

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Summary

China's economy, which continues to grow rapidly, is having an ever greater impact on the rest of the world. This impact is likely to be felt increasingly in the financial sector where China's foreign currency reserves, fuelled by the huge trade surplus, are a very significant factor in world financial markets. This book, based on extensive original research by a range of leading experts, examines many key aspects of current reforms in China's financial sector and China's increasing integration into the international economy. Subjects covered amongst many others include: the derivatives market in China; stock market liberalisation; the internationalization of accounting standards in China; the impact of international foreign direct investment by Chinese firms; and a discussion of the likely long-term economic effects of the Beijing Olympic Games.

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