Elephant in the Mire: A Review of China's Financial Reform in Transition

Author: Yi Xianrong
Publisher:
Publish Date: 2004-05-01
Features: Yi Xianrong has long been concerned with the dangerous areas of China's economic transformation—finance. His writings are generally filled with worry, passion, and yet also exhilarating, embodying the heart of a Chinese patriot. The current Chinese financial institutions are both giants and deeply mired in mud, urgently needing someone like Yi Xianrong to confront risks and offer guidance. This book is indeed a treasure. The book analyzes various financial phenomena in real life using new financial concepts. It not only spreads financial knowledge and meticulously dissects theories but also shares interesting anecdotes and the pursuit of life wisdom in finance. This pursuit of economic life wisdom can enhance our financial knowledge, broaden our perspectives and approaches to observation and thinking, and help us find solutions to real-life dilemmas, obtain information for wealth growth, and better plan for a more resilient tomorrow in the face of financial risks. This book is suitable for a wide range of readers, including financial professionals, students and teachers of finance, and those interested in the process of China's financial reform.