-James R. Barth, Auburn University
"There are many books on China, but few intelligent ones on the Chinese financial market. Richard Burdekin's work is very timely to fill the gap. For those who want to understand issues on Chinese monetary policy, equity markets, banks, and the exchange rate, this book provides comprehensive coverage."
- Baizhu Chen, Gordon S. Marshall School of Business, University of Southern California
"An invaluable source of information on the evolution of China's monetary institutions from the 1930s until the present, and on the future path of reform."
-James A. Dorn, Cato Institute, Washington, D.C.; coeditor of China's Future: Constructive Partner or Emerging Threat?
"Burdekin's careful research provides valuable insight into a number of current policy issues facing China and the global economy and illustrates several fascinating historical episodes. One finds that today is not the first time that pegging exchange rates has generated serious macroeconomic problems for China's economy."
-Thomas Willet, Dean, School of Politics and Economics, Claremont Graduate University