This book provides an overview of Chinas financial markets and their latest developments. The book explores and discusses the difficulties in building modern financial markets that are compatible with an increasingly complicated market economy and examines the various strategies to reform Chinas financial system. It covers a range of topics: Chinas financial structure, financial regulation, financial repression and liberalization, monetary policy and the People's Bank of China, banking reforms, exchange rate policy, capital control and capital-account liberalization, and development of the stock markets.

The book provides a basic understanding of the current issues related to the development of Chinas financial markets. It enhances knowledge of Chinas regulatory framework which has helped to shape Chinas financial landscape. It provides specific, useful knowledge about investment in China, such as, market sense, to identify the investment opportunities in various asset classes.