Preliminary -- Contributors -- 1. China: New engine of world growth -- 2. The impact of SARS -- 3. The travails of current macroeconomic and exchange rate management -- 4. The changing pattern of economic growth -- 5. Transforming the banking sector -- 6. Financial opening and economic growth: A...

25 years of reform have transformed China from a centrally planned and closed system to a predominantly market-driven and open economy. China is emerging as the new powerhouse for the world economy. This book discusses the impact and significance of this transformation, presenting conclusions...