The promise and peril of Greater China

Article Abstract:

China, Hong Kong, and Taiwan are experiencing rapid economic growth, with Westernization, foreign investments, and increasing exports. Direct shipping links have been resumed, although land transport conditions are poor.

Taiwan, Hong Kong

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The iron-fisted way

Article Abstract:

Speculators have driven China's composite stock index up 60% from January to July 1997, despite government warnings again excessive speculation and an increasing in stock trading stamp prices.

Regulation, Licensing, and Inspection of Miscellaneous Commercial Sectors, Financial Regulation & Reporting, Financial disclosure

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A change of image

Article Abstract:

China's State Development Bank has become active in international borrowing, and it maintains a strict domestic lending policy.

All Other Nondepository Credit Intermediation, Development Banks, State Development Bank of China

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