The authors consider the opportunities for foreign participants
in the rapidly evolving People's Republic of China across all
sectors of economic activity: banking, securities markets,
infrastructure, and business investment. In each case, government
regulation, legal structure, market organization, and recent trends
are analyzed. Consideration is given to central government
strategies to modify policies to achieve particular goals. The
foreign participant must be aware of these policy changes and the
strategies that guide them. Special attention is given to the
foreign exchange system as it affects the foreign participant, and
the several reforms undertaken in the foreign exchange sector.
General
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