This paper studies the experiences of East Asian countries in conducting financial liberalization. Financial liberalization has two components, which are capital account liberalization and financial services liberalization. It is important to stress that the two components should not be...

The regulation of public offering of shares adopts a merit-based model. This short essay provides a comprehensive examination of the legal framework of initial public offering of shares in mainland China, focusing on the required substantive and procedural conditions, the sponsorship system, the...

The rapid rise of China is quickly reshaping the world economy. From the perspectives of trade and development, what explains China's remarkable growth? With respect to the nature and impact of its trade and investment policy, China remains a puzzle to many observers and continues to be topic...

Even though a considerable amount of research has been done in the area of corporate governance, little of such research is done on China. Inspired by its recent economic reforms, this research attempts to appraise the current state of corporate development in China and thereafter, propose a...