| Contents |
Introduction / Charles W. Calomiris -- China's financial markets: an overview / Lee Branstetter; comment: Xiaobo Lu -- China's banking sector and economic growth / Loren Brandt and Xiaodong Zhu; comment: Michael DeStefano -- Understanding the structure of cross-border capital flows: the case of China / Eswar Prasad and Shang-Jin Wei; comment: Daniel Rosen -- Financial openness and the Chinese growth experience / Geert Bekaert, Campbell R. Harvey, Christian Lundblad; comment: Mary Darby -- The effects of stock market listing on Chinese firms' financial performance / Fred Hu; comment: Ailsa Roell -- China's exchange rate regime: the long and short of it / Barry Eichengreen ; comment: Jialin Yu -- China's foreign exchange policy: what will we do? and what should we do? / Peter Garber, Robert Hodrick, John Makin, David Malpass, Fredric Mishkin, and Eswar Prasad -- Appendix I Regional estimates of new deposit and loan shares, and NPLs / Loren Brandt and Xiaodong Zhu -- Appendix II Evolution of capital controls in China / Eswar Prasad and Shang-Jin Wei. |
