Book description
"This is a very timely book. With the recapitalization and reform
of China's banking sector now well under way, the banks are on the brink
of a new era of growth and expansion. This work is the definitive
reference on the banking sector in China, and is an essential tool for
anyone seeking to understand the dynamics of financial intermediation on
the Mainland. It sets out the facts, free of the judgment calls that so
often cloud the true picture of the health of China's banking system."
--Dr. David K. P. Li, Chairman and Chief Executive, The Bank of East
Asia, Limited
"As China continues its impressive pace of economic growth, the
rest of the world is constantly reassessing the opportunities and
challenges it presents. This book is the first official report on the
status of China's financial services industry and financial markets. For
the first time, the international community gets access to the same
information that the Chinese government uses in making key policies.
Such unique insights make this book an essential read for business
leaders, investors, policy makers, scholars, and anyone who is
interested in understanding China's profound impact on businesses and
consumers globally."
--Maurice R. Greenberg, Chairman & CEO, C. V. Starr & Co.
"This is the first book that introduces all aspects of the Chinese
banking and financial markets to international audiences. From its
developmental history to its contemporary challenges, China's banking
and finance markets are presented, explored and analyzed with great
detail and in great depth. Both the richness of the data and the
scholarly strength of the methodology are a milestone. China's
increasing participation in global financial markets makes this book a
must read for all financial professionals worldwide."
--Lefei Liu, Chief Investment Officer, ChinaLife Insurance
Professor Li Yang
is Director General, Institute of Finance & Banking (IFB), Chinese
Academy of Social Sciences (CASS); Director General, Finance Research
Center, CASS; Deputy President, China Society for Finance & Banking;
Deputy Chief Secretary, China Society of Public Finance; Member,
Executive Committee, China Society of International Finance; and former
Member, Monetary Policy Committee, People's Bank of China. Professor Li
holds the Honorary Title of "The State Outstanding Specialist with
Remarkable Contributions to the Country" given by the State Council
in 1992. He won the Sun Yefang Economics Prize, the highest economics
prize awarded in China, three times (1990, 1994, 1996). He has published
22 monographs and over 300 research articles and review essays as well
as organized and participated in 30 state-level research projects and
international cooperative studies. He has an MA in money and Banking
(Fudan University) and a PhD in public finance (Renmin University of
China). He was a visiting scholar in economics at Columbia University
Dr. Robert Lawrence Kuhn is an international investment banker
and corporate strategist. Since 1989, he has been advising the Chinese
government on economic policy, mergers and acquisitions, science and
technology, media and culture, and international communications. The
author or editor of over 25 books, including The Library of Investment
Banking, Dr. Kuhn wrote The Man Who Changed China: The Life and Legacy
of Jiang Zemin, a precedent-setting biography of a living Chinese
leader that was China's best-selling book of 2005. Dr. Kuhn is Senior
Advisor to Citigroup Investment Banking and Senior Partner of IMG, the
world's premier sports, entertainment and media company. A public
intellectual with a doctorate in anatomy/brain research (UCLA) and a
master's in management (MIT), Dr. Kuhn speaks and writes frequently in
the business media.
