Publisher's Synopsis
In this three volume series Erjie presents readers with a comprehensive overview of the capital market in China, looking at the formation of capital, developmental financing, state financial intervention, private funds, foreign capital, mergers, mutual funds, bonds, securities, futures, the role of capital in Socialist society, human capital, time-space compression, and Renminbi internationalization. Volume one focuses on the joint stock system in China and the socialization of capital, innovation in China's mechanized capital formation, and China's finance lease policies. Volume two looks at the development of China's non-public economy, private investment, human capital in China, and China's mutual investment fund. The third volume examines securitization of capital, the financial futures market, China's investment banks, and the internationalization of the Renminbi. The author is a faculty member of Tsinghua University.