[ { "key": "65CTTPE6", "version": 1, "library": { "type": "group", "id": 72347, "name": "Chinese Foreign Policy", "links": { "alternate": { "href": "https://www.zotero.org/groups/chinese_foreign_policy", "type": "text/html" } } }, "links": { "self": { "href": "https://api.zotero.org/groups/72347/items/65CTTPE6", "type": "application/json" }, "alternate": { "href": "https://www.zotero.org/groups/chinese_foreign_policy/items/65CTTPE6", "type": "text/html" } }, "meta": { "createdByUser": { "id": 951652, "username": "clarevsa", "name": "", "links": { "alternate": { "href": "https://www.zotero.org/clarevsa", "type": "text/html" } } }, "creatorSummary": "Allen et al.", "parsedDate": "2012-01-30", "numChildren": 2 }, "data": { "key": "65CTTPE6", "version": 1, "itemType": "journalArticle", "title": "China's Financial System: Opportunities and Challenges", "creators": [ { "creatorType": "author", "firstName": "Franklin", "lastName": "Allen" }, { "creatorType": "author", "firstName": "Jun \"QJ\"", "lastName": "Qian" }, { "creatorType": "author", "firstName": "Chenying", "lastName": "Zhang" }, { "creatorType": "author", "firstName": "Mengxin", "lastName": "Zhao" } ], "abstractNote": "", "publicationTitle": "National Bureau of Economic Research", "publisher": "", "place": "", "date": "2012-01-30", "volume": "", "issue": "", "section": "", "partNumber": "", "partTitle": "", "pages": "", "series": "", "seriesTitle": "", "seriesText": "", "journalAbbreviation": "", "DOI": "", "citationKey": "", "url": "http://www.nber.org/chapters/c12071", "accessDate": "2012-05-01T20:19:53Z", "PMID": "", "PMCID": "", "ISSN": "", "archive": "", "archiveLocation": "", "shortTitle": "China's Financial System", "language": "", "libraryCatalog": "www.nber.org", "callNumber": "", "rights": "", "extra": "", "tags": [], "collections": [ "HB8IVU45" ], "relations": {}, "dateAdded": "2012-05-01T20:19:53Z", "dateModified": "2012-05-01T20:20:14Z" } }, { "key": "S5E2FG2T", "version": 1, "library": { "type": "group", "id": 72347, "name": "Chinese Foreign Policy", "links": { "alternate": { "href": "https://www.zotero.org/groups/chinese_foreign_policy", "type": "text/html" } } }, "links": { "self": { "href": "https://api.zotero.org/groups/72347/items/S5E2FG2T", "type": "application/json" }, "alternate": { "href": "https://www.zotero.org/groups/chinese_foreign_policy/items/S5E2FG2T", "type": "text/html" }, "up": { "href": "https://api.zotero.org/groups/72347/items/65CTTPE6", "type": "application/json" } }, "meta": { "createdByUser": { "id": 951652, "username": "clarevsa", "name": "", "links": { "alternate": { "href": "https://www.zotero.org/clarevsa", "type": "text/html" } } } }, "data": { "key": "S5E2FG2T", "version": 1, "parentItem": "65CTTPE6", "itemType": "attachment", "linkMode": "linked_url", "title": "Full Text PDF", "accessDate": "2012-05-01T20:19:53Z", "url": "http://www.nber.org/chapters/c12071.pdf", "note": "", "contentType": "application/pdf", "charset": "", "tags": [], "relations": {}, "dateAdded": "2012-05-01T20:19:53Z", "dateModified": "2012-05-01T20:19:53Z" } }, { "key": "IXHIGJQ2", "version": 1, "library": { "type": "group", "id": 72347, "name": "Chinese Foreign Policy", "links": { "alternate": { "href": "https://www.zotero.org/groups/chinese_foreign_policy", "type": "text/html" } } }, "links": { "self": { "href": "https://api.zotero.org/groups/72347/items/IXHIGJQ2", "type": "application/json" }, "alternate": { "href": "https://www.zotero.org/groups/chinese_foreign_policy/items/IXHIGJQ2", "type": "text/html" }, "up": { "href": "https://api.zotero.org/groups/72347/items/65CTTPE6", "type": "application/json" } }, "meta": { "createdByUser": { "id": 951652, "username": "clarevsa", "name": "", "links": { "alternate": { "href": "https://www.zotero.org/clarevsa", "type": "text/html" } } } }, "data": { "key": "IXHIGJQ2", "version": 1, "parentItem": "65CTTPE6", "itemType": "attachment", "linkMode": "linked_url", "title": "Snapshot", "accessDate": "2012-05-01T20:19:53Z", "url": "http://www.nber.org/chapters/c12071", "note": "", "contentType": "text/html", "charset": "", "tags": [], "relations": {}, "dateAdded": "2012-05-01T20:19:53Z", "dateModified": "2012-05-01T20:19:53Z" } }, { "key": "QZ4X86GF", "version": 3, "library": { "type": "group", "id": 72347, "name": "Chinese Foreign Policy", "links": { "alternate": { "href": "https://www.zotero.org/groups/chinese_foreign_policy", "type": "text/html" } } }, "links": { "self": { "href": "https://api.zotero.org/groups/72347/items/QZ4X86GF", "type": "application/json" }, "alternate": { "href": "https://www.zotero.org/groups/chinese_foreign_policy/items/QZ4X86GF", "type": "text/html" } }, "meta": { "createdByUser": { "id": 951652, "username": "clarevsa", "name": "", "links": { "alternate": { "href": "https://www.zotero.org/clarevsa", "type": "text/html" } } }, "parsedDate": "2005", "numChildren": 0 }, "data": { "key": "QZ4X86GF", "version": 3, "itemType": "report", "title": "Financial Sector Reform in China", "creators": [ { "creatorType": "seriesEditor", "firstName": "Yasheng", "lastName": "Huang" }, { "creatorType": "seriesEditor", "firstName": "Tony", "lastName": "Saich" }, { "creatorType": "seriesEditor", "firstName": "Edward", "lastName": "Steinfeld" } ], "abstractNote": "Most scholars on China would accept, as a general proposition, that sustained Chinese growth depends critically on reform and development of China’s financial sector.1 How-ever, even if one accepts this general proposition, many issues remain unsettled in our knowledge and understanding of China’s financial sector. One set concerns basic empiri-cal detail. Despite the comprehensive and pioneering work of Nicholas Lardy (1998), ba-sic issues remain highly uncertain and debatable, such as the current stock and flow of non-performing loans (NPL) in China’s banking system, or the impact of the stock mar-ket on state-owned enterprise (SOE) behavior.", "reportNumber": "", "reportType": "", "institution": "Harvard University Asia Centre", "place": "", "date": "2005", "seriesTitle": "The Asia Public Policy Series", "seriesNumber": "", "pages": "", "DOI": "", "ISBN": "", "citationKey": "", "url": "http://www.fas.harvard.edu/~asiactr/publications/pdfs/Huang%20et%20al.pdf", "accessDate": "", "ISSN": "", "archive": "", "archiveLocation": "", "shortTitle": "", "language": "", "libraryCatalog": "", "callNumber": "", "rights": "", "extra": "", "tags": [], "collections": [ "HB8IVU45" ], "relations": {}, "dateAdded": "2012-05-01T20:10:47Z", "dateModified": "2012-05-01T20:14:47Z" } }, { "key": "QPCSBEX8", "version": 3, "library": { "type": "group", "id": 72347, "name": "Chinese Foreign Policy", "links": { "alternate": { "href": "https://www.zotero.org/groups/chinese_foreign_policy", "type": "text/html" } } }, "links": { "self": { "href": "https://api.zotero.org/groups/72347/items/QPCSBEX8", "type": "application/json" }, "alternate": { "href": "https://www.zotero.org/groups/chinese_foreign_policy/items/QPCSBEX8", "type": "text/html" } }, "meta": { "createdByUser": { "id": 951652, "username": "clarevsa", "name": "", "links": { "alternate": { "href": "https://www.zotero.org/clarevsa", "type": "text/html" } } }, "creatorSummary": "Okazaki", "parsedDate": "2007", "numChildren": 0 }, "data": { "key": "QPCSBEX8", "version": 3, "itemType": "report", "title": "Banking System Reform in China: The Challenges of Moving Toward A Market-Oriented Economy", "creators": [ { "creatorType": "author", "firstName": "Kumiko", "lastName": "Okazaki" } ], "abstractNote": "This paper briefly reviews the history of Chinese banking-system reform since the late 1970s and examines recent government reform efforts in detail, mainly focusing on the reform of state-owned commercial banks, which are handling more than half of the deposits and loans administered by banks in China. It also analyzes the current condition of major commercial banks using a simple international comparison and considers issues and challenges presented by further reforms intended to increase financial stability and provide for the sustainable economic development of China.", "reportNumber": "", "reportType": "", "institution": "RAND Corporation", "place": "", "date": "2007", "seriesTitle": "Occasional Papers", "seriesNumber": "", "pages": "85", "DOI": "", "ISBN": "", "citationKey": "", "url": "http://www.rand.org/pubs/occasional_papers/OP194.html", "accessDate": "", "ISSN": "", "archive": "", "archiveLocation": "", "shortTitle": "", "language": "", "libraryCatalog": "", "callNumber": "", "rights": "", "extra": "", "tags": [], "collections": [ "HB8IVU45" ], "relations": {}, "dateAdded": "2012-05-01T20:03:42Z", "dateModified": "2012-05-01T20:05:51Z" } }, { "key": "EP5D52CJ", "version": 1, "library": { "type": "group", "id": 72347, "name": "Chinese Foreign Policy", "links": { "alternate": { "href": "https://www.zotero.org/groups/chinese_foreign_policy", "type": "text/html" } } }, "links": { "self": { "href": "https://api.zotero.org/groups/72347/items/EP5D52CJ", "type": "application/json" }, "alternate": { "href": "https://www.zotero.org/groups/chinese_foreign_policy/items/EP5D52CJ", "type": "text/html" }, "up": { "href": "https://api.zotero.org/groups/72347/items/Q2WSPS7S", "type": "application/json" } }, "meta": { "createdByUser": { "id": 951652, "username": "clarevsa", "name": "", "links": { "alternate": { "href": "https://www.zotero.org/clarevsa", "type": "text/html" } } } }, "data": { "key": "EP5D52CJ", "version": 1, "parentItem": "Q2WSPS7S", "itemType": "attachment", "linkMode": "linked_url", "title": "Google Books Link", "accessDate": "2012-05-01T20:00:24Z", "url": "http://books.google.ca/books?id=lSZb3WGmBfIC", "note": "", "contentType": "text/html", "charset": "", "tags": [], "relations": {}, "dateAdded": "2012-05-01T20:00:24Z", "dateModified": "2012-05-01T20:00:24Z" } }, { "key": "Q2WSPS7S", "version": 1, "library": { "type": "group", "id": 72347, "name": "Chinese Foreign Policy", "links": { "alternate": { "href": "https://www.zotero.org/groups/chinese_foreign_policy", "type": "text/html" } } }, "links": { "self": { "href": "https://api.zotero.org/groups/72347/items/Q2WSPS7S", "type": "application/json" }, "alternate": { "href": "https://www.zotero.org/groups/chinese_foreign_policy/items/Q2WSPS7S", "type": "text/html" } }, "meta": { "createdByUser": { "id": 951652, "username": "clarevsa", "name": "", "links": { "alternate": { "href": "https://www.zotero.org/clarevsa", "type": "text/html" } } }, "creatorSummary": "Lardy", "parsedDate": "2002", "numChildren": 1 }, "data": { "key": "Q2WSPS7S", "version": 1, "itemType": "book", "title": "Integrating China Into the Global Economy", "creators": [ { "creatorType": "author", "firstName": "Nicholas R.", "lastName": "Lardy" } ], "abstractNote": "China's accession to the World Trade Organization (WTO) has been hailed as the biggest coming-out party in the history of capitalism. Its membership eventually will contribute to higher standards of living for its citizens and increased growth for its economy. But why would the Chinese communist regime voluntarily agree to comply with the many complex rules of the global trading system since it has already become the world's seventh largest trading country while avoiding these constraints by remaining outside the system?The answer to this question forms the basis for this new book. Nicholas Lardy explores the many pressures on the Chinese government, both external and internal, to comply with the standards of the rule-based international trading system. Lardy points out that, prior to entry into the WTO, China enjoyed high growth rates and more foreign direct investment than any other emerging economy. He draws on a wealth of scholarship and experience to explain how China's leadership expects to leverage the increased foreign competition inherent in its WTO commitments to accelerate its domestic economic reform program, leading to the shrinkage and transformation of inefficient, money-losing companies and hastening the development of a commercial credit culture in its banks. Lardy answers a number of other questions about China's new WTO membership, including its effects on bilateral trade with the United States; the possibility that China will use its power to reshape the WTO in the future; the degree to which the terms of China's entry were more or less demanding than those for other new members; the ability of China's economy to successfully open to new imports; and the prospects for new growth in various sectors of China's economy made possible by WTO accession. This book will become an important tool for those who wish to understand China's new role in the global trading system, to take advantage of the new opportunities for investment in China, or simply to gain a better understanding of what former President Clinton called a “once in a generation event.”", "series": "", "seriesNumber": "", "volume": "", "numberOfVolumes": "", "edition": "", "date": "2002", "publisher": "Brookings Institution Press", "place": "", "originalDate": "", "originalPublisher": "", "originalPlace": "", "format": "", "numPages": "264", "ISBN": "9780815751359", "DOI": "", "citationKey": "", "url": "", "accessDate": "", "ISSN": "", "archive": "", "archiveLocation": "", "shortTitle": "", "language": "en", "libraryCatalog": "Google Books", "callNumber": "", "rights": "", "extra": "", "tags": [ { "tag": "Business & Economics / Commercial Policy", "type": 1 }, { "tag": "Business & Economics / International / Economics", "type": 1 }, { "tag": "China", "type": 1 }, { "tag": "China - Commercial policy", "type": 1 }, { "tag": "China - Foreign economic relations", "type": 1 }, { "tag": "China - Foreign economic relations - United States", "type": 1 }, { "tag": "Political Science / International Relations / General", "type": 1 }, { "tag": "Political Science / International Relations / Trade & Tariffs", "type": 1 }, { "tag": "Political Science / Public Policy / Economic Policy", "type": 1 }, { "tag": "United States", "type": 1 }, { "tag": "United States - Foreign economic relations - China", "type": 1 }, { "tag": "World Trade Organization - China", "type": 1 } ], "collections": [ "HB8IVU45" ], "relations": {}, "dateAdded": "2012-05-01T20:00:24Z", "dateModified": "2012-05-01T20:00:24Z" } }, { "key": "FWHCS8QS", "version": 1, "library": { "type": "group", "id": 72347, "name": "Chinese Foreign Policy", "links": { "alternate": { "href": "https://www.zotero.org/groups/chinese_foreign_policy", "type": "text/html" } } }, "links": { "self": { "href": "https://api.zotero.org/groups/72347/items/FWHCS8QS", "type": "application/json" }, "alternate": { "href": "https://www.zotero.org/groups/chinese_foreign_policy/items/FWHCS8QS", "type": "text/html" }, "up": { "href": "https://api.zotero.org/groups/72347/items/NEAEKH22", "type": "application/json" } }, "meta": { "createdByUser": { "id": 951652, "username": "clarevsa", "name": "", "links": { "alternate": { "href": "https://www.zotero.org/clarevsa", "type": "text/html" } } } }, "data": { "key": "FWHCS8QS", "version": 1, "parentItem": "NEAEKH22", "itemType": "attachment", "linkMode": "linked_url", "title": "Google Books Link", "accessDate": "2012-05-01T19:59:47Z", "url": "http://books.google.ca/books?id=e-YccAf12KUC", "note": "", "contentType": "text/html", "charset": "", "tags": [], "relations": {}, "dateAdded": "2012-05-01T19:59:47Z", "dateModified": "2012-05-01T19:59:47Z" } }, { "key": "NEAEKH22", "version": 1, "library": { "type": "group", "id": 72347, "name": "Chinese Foreign Policy", "links": { "alternate": { "href": "https://www.zotero.org/groups/chinese_foreign_policy", "type": "text/html" } } }, "links": { "self": { "href": "https://api.zotero.org/groups/72347/items/NEAEKH22", "type": "application/json" }, "alternate": { "href": "https://www.zotero.org/groups/chinese_foreign_policy/items/NEAEKH22", "type": "text/html" } }, "meta": { "createdByUser": { "id": 951652, "username": "clarevsa", "name": "", "links": { "alternate": { "href": "https://www.zotero.org/clarevsa", "type": "text/html" } } }, "creatorSummary": "Lardy", "parsedDate": "1998", "numChildren": 1 }, "data": { "key": "NEAEKH22", "version": 1, "itemType": "book", "title": "China's Unfinished Economic Revolution", "creators": [ { "creatorType": "author", "firstName": "Nicholas R.", "lastName": "Lardy" } ], "abstractNote": "China's Unfinished Economic Revolution offers a fundamentally different interpretation of China's economic reform. The common view that China's gradualistic approach has served it well overlooks the fact that state-owned banks for the last two decades have channeled a large share of sharply rising household savings into what are mostly unreformed, money-losing companies. The result is that several of China's largest financial institutions now are insolvent. To avoid a major domestic banking crisis the book argues that China must recapitalize and restructure its domestic banking system and end the long-standing practice of making lending decisions based on political rather than economic criteria.Nicholas Lardy explains that this course will inevitably be costly in political terms, in part because it will lead for a time to a slower rate of economic growth. But the alternative is even less attractive—permanently slower growth, continued macroeconomic instability, an inability to meet the expectations of the international community for the opening of its domestic financial markets, and insufficient resources to deal with severe environmental deterioration, growing water shortages, and a rapidly aging population.This timely book also analyzes the new reform initiatives China has launched in the wake of the Asian financial crisis, suggests additional steps that must be taken, and evaluates the implications for U.S. policy.", "series": "", "seriesNumber": "", "volume": "", "numberOfVolumes": "", "edition": "", "date": "1998", "publisher": "Brookings Institution Press", "place": "", "originalDate": "", "originalPublisher": "", "originalPlace": "", "format": "", "numPages": "332", "ISBN": "9780815751342", "DOI": "", "citationKey": "", "url": "", "accessDate": "", "ISSN": "", "archive": "", "archiveLocation": "", "shortTitle": "", "language": "en", "libraryCatalog": "Google Books", "callNumber": "", "rights": "", "extra": "", "tags": [ { "tag": "Banks and banking", "type": 1 }, { "tag": "Banks and banking - China", "type": 1 }, { "tag": "Banks and banking/ China", "type": 1 }, { "tag": "Business & Economics / Banks & Banking", "type": 1 }, { "tag": "Business & Economics / Development / Economic Development", "type": 1 }, { "tag": "Business & Economics / Economic Conditions", "type": 1 }, { "tag": "Business & Economics / Finance", "type": 1 }, { "tag": "Business & Economics / International / Economics", "type": 1 }, { "tag": "China", "type": 1 }, { "tag": "China - Economic conditions - 1976-2000", "type": 1 }, { "tag": "China - Economic policy - 1976-2000", "type": 1 }, { "tag": "Finance", "type": 1 }, { "tag": "Finance - China", "type": 1 }, { "tag": "Finance/ China", "type": 1 }, { "tag": "History / Asia / China", "type": 1 }, { "tag": "Political Science / Public Policy / Economic Policy", "type": 1 } ], "collections": [ "HB8IVU45" ], "relations": {}, "dateAdded": "2012-05-01T19:59:47Z", "dateModified": "2012-05-01T19:59:47Z" } }, { "key": "6PXXH5TQ", "version": 1, "library": { "type": "group", "id": 72347, "name": "Chinese Foreign Policy", "links": { "alternate": { "href": "https://www.zotero.org/groups/chinese_foreign_policy", "type": "text/html" } } }, "links": { "self": { "href": "https://api.zotero.org/groups/72347/items/6PXXH5TQ", "type": "application/json" }, "alternate": { "href": "https://www.zotero.org/groups/chinese_foreign_policy/items/6PXXH5TQ", "type": "text/html" } }, "meta": { "createdByUser": { "id": 951652, "username": "clarevsa", "name": "", "links": { "alternate": { "href": "https://www.zotero.org/clarevsa", "type": "text/html" } } }, "creatorSummary": "Huang and Zhu", "parsedDate": "2007-04", "numChildren": 1 }, "data": { "key": "6PXXH5TQ", "version": 1, "itemType": "journalArticle", "title": "The Chinese Bond Market: Historical Lessons, Present Challenges and Future Perspectives", "creators": [ { "creatorType": "author", "firstName": "Haizhou", "lastName": "Huang" }, { "creatorType": "author", "firstName": "Ning", "lastName": "Zhu" } ], "abstractNote": "This study reviews historical lessons, depicts present challenges, and discusses future perspectives of Chinese bond market. Historical lessons on sovereign right concession and market tumult lead to a quite cautious approach towards the bond market. The legal background, and political considerations also played an important role in shaping bond market during the past two decades. Given the increasing demand for financing in China these days, the bond market is expected to enjoy some rapid growth in the coming decade and we discuss some areas with particular potentials and the challenges facing the development.", "publicationTitle": "SSRN eLibrary", "publisher": "", "place": "", "date": "April 2007", "volume": "", "issue": "", "section": "", "partNumber": "", "partTitle": "", "pages": "", "series": "", "seriesTitle": "", "seriesText": "", "journalAbbreviation": "", "DOI": "", "citationKey": "", "url": "http://papers.ssrn.com/sol3/papers.cfm?abstract_id=991760", "accessDate": "2012-04-21T21:56:27Z", "PMID": "", "PMCID": "", "ISSN": "", "archive": "", "archiveLocation": "", "shortTitle": "The Chinese Bond Market", "language": "", "libraryCatalog": "SSRN", "callNumber": "", "rights": "", "extra": "", "tags": [ { "tag": "China financial market", "type": 1 }, { "tag": "Monetary policy", "type": 1 }, { "tag": "bond market", "type": 1 }, { "tag": "financial history", "type": 1 } ], "collections": [ "HB8IVU45" ], "relations": {}, "dateAdded": "2012-04-21T21:56:27Z", "dateModified": "2012-04-21T21:56:27Z" } }, { "key": "8V4H9HXB", "version": 1, "library": { "type": "group", "id": 72347, "name": "Chinese Foreign Policy", "links": { "alternate": { "href": "https://www.zotero.org/groups/chinese_foreign_policy", "type": "text/html" } } }, "links": { "self": { "href": "https://api.zotero.org/groups/72347/items/8V4H9HXB", "type": "application/json" }, "alternate": { "href": "https://www.zotero.org/groups/chinese_foreign_policy/items/8V4H9HXB", "type": "text/html" }, "up": { "href": "https://api.zotero.org/groups/72347/items/6PXXH5TQ", "type": "application/json" } }, "meta": { "createdByUser": { "id": 951652, "username": "clarevsa", "name": "", "links": { "alternate": { "href": "https://www.zotero.org/clarevsa", "type": "text/html" } } } }, "data": { "key": "8V4H9HXB", "version": 1, "parentItem": "6PXXH5TQ", "itemType": "attachment", "linkMode": "linked_url", "title": "SSRN Snapshot", "accessDate": "2012-04-21T21:56:27Z", "url": "http://papers.ssrn.com/sol3/papers.cfm?abstract_id=991760", "note": "", "contentType": "text/html", "charset": "", "tags": [], "relations": {}, "dateAdded": "2012-04-21T21:56:27Z", "dateModified": "2012-04-21T21:56:27Z" } }, { "key": "N7E6WQNG", "version": 1, "library": { "type": "group", "id": 72347, "name": "Chinese Foreign Policy", "links": { "alternate": { "href": "https://www.zotero.org/groups/chinese_foreign_policy", "type": "text/html" } } }, "links": { "self": { "href": "https://api.zotero.org/groups/72347/items/N7E6WQNG", "type": "application/json" }, "alternate": { "href": "https://www.zotero.org/groups/chinese_foreign_policy/items/N7E6WQNG", "type": "text/html" } }, "meta": { "createdByUser": { "id": 951652, "username": "clarevsa", "name": "", "links": { "alternate": { "href": "https://www.zotero.org/clarevsa", "type": "text/html" } } }, "creatorSummary": "Settlements", "parsedDate": "2006-02-01", "numChildren": 1 }, "data": { "key": "N7E6WQNG", "version": 1, "itemType": "journalArticle", "title": "Developing Corporate Bond Markets in Asia", "creators": [ { "creatorType": "author", "firstName": "Bank for International", "lastName": "Settlements" } ], "abstractNote": "The idea for a seminar on developing corporate bond markets in Asia was first broached in June 2005, when Governor Zhou Xiaochuan of the People's Bank of China (PBC) invited 12 major central banks in Asia and the Pacific to participate in a high-level seminar on financial markets. During the subsequent consultation between the PBC and the Bank for International Settlements (BIS), it was recognised that there had been numerous seminars on financial markets in Asia in general, including on developing local currency bond markets. But these seminars had neglected one issue that cried out for the attention of emerging market central banks: the development of the non-government segment of the local currency bond markets. While much progress had already been made in developing the local government bond markets, it was clear that the corporate bond markets in much of Asia remained behind their government bond counterparts, especially in terms of market liquidity. Hence, Governor Zhou's proposed topic was widely welcomed by the prospective participants in the seminar. He then asked the BIS Representative Office for Asia and the Pacific to help organise the seminar. Thirty participants including high-level officials from central banks in Asia and the Pacific, the European Central Bank and the BIS took part in the seminar. Among them were Governor Zhou of the PBC, Joseph Yam of the Hong Kong Monetary Authority and Malcolm D Knight of the BIS. The participants also included a few academics, regulators and market participants. To prepare for this BIS/PBC seminar, the central bank participants were asked to provide background papers to describe their local currency corporate bond markets and identify important policy issues. The academics and other participants were asked to focus on particular issues. For the seminar itself, these issues were grouped around five themes: (1) why a corporate bond market? (2) legal and institutional framework; (3) role of information; (4) market liquidity; and (5) the role of central banks in market development. This volume makes available revised versions of all these papers.", "publicationTitle": "SSRN eLibrary", "publisher": "", "place": "", "date": "February 1, 2006", "volume": "", "issue": "", "section": "", "partNumber": "", "partTitle": "", "pages": "", "series": "", "seriesTitle": "", "seriesText": "", "journalAbbreviation": "", "DOI": "", "citationKey": "", "url": "http://www.ksri.org/bbs/files/research02/bispap26.pdf#page=17", "accessDate": "2012-04-21T21:52:18Z", "PMID": "", "PMCID": "", "ISSN": "", "archive": "", "archiveLocation": "", "shortTitle": "", "language": "", "libraryCatalog": "SSRN", "callNumber": "", "rights": "", "extra": "", "tags": [], "collections": [ "HB8IVU45" ], "relations": {}, "dateAdded": "2012-04-21T21:52:18Z", "dateModified": "2012-04-21T21:53:08Z" } }, { "key": "4Q6VF9WC", "version": 1, "library": { "type": "group", "id": 72347, "name": "Chinese Foreign Policy", "links": { "alternate": { "href": "https://www.zotero.org/groups/chinese_foreign_policy", "type": "text/html" } } }, "links": { "self": { "href": "https://api.zotero.org/groups/72347/items/4Q6VF9WC", "type": "application/json" }, "alternate": { "href": "https://www.zotero.org/groups/chinese_foreign_policy/items/4Q6VF9WC", "type": "text/html" }, "up": { "href": "https://api.zotero.org/groups/72347/items/N7E6WQNG", "type": "application/json" } }, "meta": { "createdByUser": { "id": 951652, "username": "clarevsa", "name": "", "links": { "alternate": { "href": "https://www.zotero.org/clarevsa", "type": "text/html" } } } }, "data": { "key": "4Q6VF9WC", "version": 1, "parentItem": "N7E6WQNG", "itemType": "attachment", "linkMode": "linked_url", "title": "SSRN Snapshot", "accessDate": "2012-04-21T21:52:18Z", "url": "http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1188782&http://scholar.google.com/scholar?hl=en&q=China+bond+market&btnG=Search&as_sdt=0%2C5&as_ylo=&as_vis=0#page=17", "note": "", "contentType": "text/html", "charset": "", "tags": [], "relations": {}, "dateAdded": "2012-04-21T21:52:18Z", "dateModified": "2012-04-21T21:52:18Z" } }, { "key": "9I9XKIWP", "version": 1, "library": { "type": "group", "id": 72347, "name": "Chinese Foreign Policy", "links": { "alternate": { "href": "https://www.zotero.org/groups/chinese_foreign_policy", "type": "text/html" } } }, "links": { "self": { "href": "https://api.zotero.org/groups/72347/items/9I9XKIWP", "type": "application/json" }, "alternate": { "href": "https://www.zotero.org/groups/chinese_foreign_policy/items/9I9XKIWP", "type": "text/html" }, "up": { "href": "https://api.zotero.org/groups/72347/items/PQ49RVNU", "type": "application/json" } }, "meta": { "createdByUser": { "id": 951652, "username": "clarevsa", "name": "", "links": { "alternate": { "href": "https://www.zotero.org/clarevsa", "type": "text/html" } } } }, "data": { "key": "9I9XKIWP", "version": 1, "parentItem": "PQ49RVNU", "itemType": "attachment", "linkMode": "linked_url", "title": "Snapshot", "accessDate": "2012-04-21T21:46:44Z", "url": "http://qje.oxfordjournals.org/content/108/3/809.short", "note": "", "contentType": "text/html", "charset": "", "tags": [], "relations": {}, "dateAdded": "2012-04-21T21:46:44Z", "dateModified": "2012-04-21T21:46:44Z" } }, { "key": "PRMVTEPR", "version": 1, "library": { "type": "group", "id": 72347, "name": "Chinese Foreign Policy", "links": { "alternate": { "href": "https://www.zotero.org/groups/chinese_foreign_policy", "type": "text/html" } } }, "links": { "self": { "href": "https://api.zotero.org/groups/72347/items/PRMVTEPR", "type": "application/json" }, "alternate": { "href": "https://www.zotero.org/groups/chinese_foreign_policy/items/PRMVTEPR", "type": "text/html" }, "up": { "href": "https://api.zotero.org/groups/72347/items/PQ49RVNU", "type": "application/json" } }, "meta": { "createdByUser": { "id": 951652, "username": "clarevsa", "name": "", "links": { "alternate": { "href": "https://www.zotero.org/clarevsa", "type": "text/html" } } } }, "data": { "key": "PRMVTEPR", "version": 1, "parentItem": "PQ49RVNU", "itemType": "attachment", "linkMode": "linked_url", "title": "Full Text PDF", "accessDate": "2012-04-21T21:46:44Z", "url": "http://qje.oxfordjournals.org/content/108/3/809.full.pdf", "note": "", "contentType": "application/pdf", "charset": "", "tags": [], "relations": {}, "dateAdded": "2012-04-21T21:46:44Z", "dateModified": "2012-04-21T21:46:44Z" } }, { "key": "PQ49RVNU", "version": 1, "library": { "type": "group", "id": 72347, "name": "Chinese Foreign Policy", "links": { "alternate": { "href": "https://www.zotero.org/groups/chinese_foreign_policy", "type": "text/html" } } }, "links": { "self": { "href": "https://api.zotero.org/groups/72347/items/PQ49RVNU", "type": "application/json" }, "alternate": { "href": "https://www.zotero.org/groups/chinese_foreign_policy/items/PQ49RVNU", "type": "text/html" } }, "meta": { "createdByUser": { "id": 951652, "username": "clarevsa", "name": "", "links": { "alternate": { "href": "https://www.zotero.org/clarevsa", "type": "text/html" } } }, "creatorSummary": "Chow", "parsedDate": "1993-08-01", "numChildren": 2 }, "data": { "key": "PQ49RVNU", "version": 1, "itemType": "journalArticle", "title": "Capital Formation and Economic Growth in China", "creators": [ { "creatorType": "author", "firstName": "Gregory C", "lastName": "Chow" } ], "abstractNote": "First, production functions are estimated for China's aggregate economy and for the five sectors—agriculture, industry, construction, transportation, and commerce—using annual data (some constructed by the author) from 1952 to 1980. Then, this paper measures the contribution of capital formation to the growth of these sectors, the effects of the Great Leap Forward of 1958–1962 and of the Cultural Revolution of 1966–1976 on outputs, the impact of economic reforms since 1979 on growth, the rates of return to capital, and the effects of sectorial growths on relative prices.", "publicationTitle": "The Quarterly Journal of Economics", "publisher": "", "place": "", "date": "08/01/1993", "volume": "108", "issue": "3", "section": "", "partNumber": "", "partTitle": "", "pages": "809-842", "series": "", "seriesTitle": "", "seriesText": "", "journalAbbreviation": "The Quarterly Journal of Economics", "DOI": "10.2307/2118409", "citationKey": "", "url": "http://qje.oxfordjournals.org/content/108/3/809", "accessDate": "2012-04-21T21:46:44Z", "PMID": "", "PMCID": "", "ISSN": "0033-5533, 1531-4650", "archive": "", "archiveLocation": "", "shortTitle": "", "language": "en", "libraryCatalog": "qje.oxfordjournals.org", "callNumber": "", "rights": "", "extra": "", "tags": [], "collections": [ "HB8IVU45" ], "relations": {}, "dateAdded": "2012-04-21T21:46:44Z", "dateModified": "2012-04-21T21:46:44Z" } }, { "key": "T3WQRCWG", "version": 1, "library": { "type": "group", "id": 72347, "name": "Chinese Foreign Policy", "links": { "alternate": { "href": "https://www.zotero.org/groups/chinese_foreign_policy", "type": "text/html" } } }, "links": { "self": { "href": "https://api.zotero.org/groups/72347/items/T3WQRCWG", "type": "application/json" }, "alternate": { "href": "https://www.zotero.org/groups/chinese_foreign_policy/items/T3WQRCWG", "type": "text/html" } }, "meta": { "createdByUser": { "id": 951652, "username": "clarevsa", "name": "", "links": { "alternate": { "href": "https://www.zotero.org/clarevsa", "type": "text/html" } } }, "creatorSummary": "Woo", "parsedDate": "2002", "numChildren": 0 }, "data": { "key": "T3WQRCWG", "version": 1, "itemType": "journalArticle", "title": "Some unorthodox thoughts on China's unorthodox financial sector", "creators": [ { "creatorType": "author", "firstName": "Wing Thye", "lastName": "Woo" } ], "abstractNote": "", "publicationTitle": "China Economic Review", "publisher": "", "place": "", "date": "2002", "volume": "", "issue": "13", "section": "", "partNumber": "", "partTitle": "", "pages": "388-393", "series": "", "seriesTitle": "", "seriesText": "", "journalAbbreviation": "", "DOI": "", "citationKey": "", "url": "http://www.econ.ucdavis.edu/faculty/woo/Woo.Unorthodox%20Thoughts.CER.pdf", "accessDate": "", "PMID": "", "PMCID": "", "ISSN": "", "archive": "", "archiveLocation": "", "shortTitle": "", "language": "", "libraryCatalog": "", "callNumber": "", "rights": "", "extra": "", "tags": [], "collections": [ "HB8IVU45" ], "relations": {}, "dateAdded": "2012-03-30T01:17:27Z", "dateModified": "2012-04-21T21:17:55Z" } }, { "key": "FTEI9VM7", "version": 1, "library": { "type": "group", "id": 72347, "name": "Chinese Foreign Policy", "links": { "alternate": { "href": "https://www.zotero.org/groups/chinese_foreign_policy", "type": "text/html" } } }, "links": { "self": { "href": "https://api.zotero.org/groups/72347/items/FTEI9VM7", "type": "application/json" }, "alternate": { "href": "https://www.zotero.org/groups/chinese_foreign_policy/items/FTEI9VM7", "type": "text/html" } }, "meta": { "createdByUser": { "id": 951652, "username": "clarevsa", "name": "", "links": { "alternate": { "href": "https://www.zotero.org/clarevsa", "type": "text/html" } } }, "creatorSummary": "Martin", "parsedDate": "2012-02-20", "numChildren": 0 }, "data": { "key": "FTEI9VM7", "version": 1, "itemType": "report", "title": "China's Banking System: Issues for Congress", "creators": [ { "creatorType": "author", "firstName": "Michael", "lastName": "Martin" } ], "abstractNote": "", "reportNumber": "", "reportType": "", "institution": "Congressional Research Service", "place": "", "date": "2012, February 20", "seriesTitle": "CRS Report for Congress", "seriesNumber": "", "pages": "", "DOI": "", "ISBN": "", "citationKey": "", "url": "http://www.fas.org/sgp/crs/row/R42380.pdf", "accessDate": "", "ISSN": "", "archive": "", "archiveLocation": "", "shortTitle": "", "language": "", "libraryCatalog": "", "callNumber": "", "rights": "", "extra": "", "tags": [], "collections": [ "HB8IVU45" ], "relations": {}, "dateAdded": "2012-04-08T20:54:21Z", "dateModified": "2012-04-21T21:03:14Z" } }, { "key": "7684NNK5", "version": 1, "library": { "type": "group", "id": 72347, "name": "Chinese Foreign Policy", "links": { "alternate": { "href": "https://www.zotero.org/groups/chinese_foreign_policy", "type": "text/html" } } }, "links": { "self": { "href": "https://api.zotero.org/groups/72347/items/7684NNK5", "type": "application/json" }, "alternate": { "href": "https://www.zotero.org/groups/chinese_foreign_policy/items/7684NNK5", "type": "text/html" } }, "meta": { "createdByUser": { "id": 951652, "username": "clarevsa", "name": "", "links": { "alternate": { "href": "https://www.zotero.org/clarevsa", "type": "text/html" } } }, "creatorSummary": "Hansakul", "parsedDate": "2004-01-09", "numChildren": 0 }, "data": { "key": "7684NNK5", "version": 1, "itemType": "journalArticle", "title": "China's Financial Sector: Institutional framework and main challenges", "creators": [ { "creatorType": "author", "firstName": "Syetarn", "lastName": "Hansakul" } ], "abstractNote": "", "publicationTitle": "Deutsche Bank Research", "publisher": "", "place": "", "date": "2004/01/09", "volume": "", "issue": "", "section": "", "partNumber": "", "partTitle": "", "pages": "", "series": "", "seriesTitle": "China Special", "seriesText": "", "journalAbbreviation": "", "DOI": "", "citationKey": "", "url": "http://www.dbresearch.in/PROD/DBR_INTERNET_EN-PROD/PROD0000000000072461/China%27s+financial+sector%3A+Institutional+framework+and+main+challenges.pdf", "accessDate": "", "PMID": "", "PMCID": "", "ISSN": "", "archive": "", "archiveLocation": "", "shortTitle": "", "language": "", "libraryCatalog": "", "callNumber": "", "rights": "", "extra": "", "tags": [], "collections": [ "HB8IVU45" ], "relations": {}, "dateAdded": "2012-03-30T01:17:27Z", "dateModified": "2012-04-21T20:52:27Z" } }, { "key": "X8RPCW3Q", "version": 1, "library": { "type": "group", "id": 72347, "name": "Chinese Foreign Policy", "links": { "alternate": { "href": "https://www.zotero.org/groups/chinese_foreign_policy", "type": "text/html" } } }, "links": { "self": { "href": "https://api.zotero.org/groups/72347/items/X8RPCW3Q", "type": "application/json" }, "alternate": { "href": "https://www.zotero.org/groups/chinese_foreign_policy/items/X8RPCW3Q", "type": "text/html" }, "up": { "href": "https://api.zotero.org/groups/72347/items/72IQ236G", "type": "application/json" } }, "meta": { "createdByUser": { "id": 951652, "username": "clarevsa", "name": "", "links": { "alternate": { "href": "https://www.zotero.org/clarevsa", "type": "text/html" } } } }, "data": { "key": "X8RPCW3Q", "version": 1, "parentItem": "72IQ236G", "itemType": "attachment", "linkMode": "linked_url", "title": "Amazon.com Link", "accessDate": "2012-04-12T21:04:16Z", "url": "http://www.amazon.com/dp/0470821205", "note": "", "contentType": "text/html", "charset": "", "tags": [], "relations": {}, "dateAdded": "2012-04-12T21:04:16Z", "dateModified": "2012-04-12T21:04:16Z" } }, { "key": "72IQ236G", "version": 1, "library": { "type": "group", "id": 72347, "name": "Chinese Foreign Policy", "links": { "alternate": { "href": "https://www.zotero.org/groups/chinese_foreign_policy", "type": "text/html" } } }, "links": { "self": { "href": "https://api.zotero.org/groups/72347/items/72IQ236G", "type": "application/json" }, "alternate": { "href": "https://www.zotero.org/groups/chinese_foreign_policy/items/72IQ236G", "type": "text/html" } }, "meta": { "createdByUser": { "id": 951652, "username": "clarevsa", "name": "", "links": { "alternate": { "href": "https://www.zotero.org/clarevsa", "type": "text/html" } } }, "creatorSummary": "Walter and Howie", "parsedDate": "2003-06-25", "numChildren": 1 }, "data": { "key": "72IQ236G", "version": 1, "itemType": "book", "title": "Privatizing China: The Stock Markets and their Role in Corporate Reform", "creators": [ { "creatorType": "author", "firstName": "Carl E.", "lastName": "Walter" }, { "creatorType": "author", "firstName": "Fraser J. T.", "lastName": "Howie" } ], "abstractNote": "", "series": "", "seriesNumber": "", "volume": "", "numberOfVolumes": "", "edition": "1", "date": "2003-06-25", "publisher": "Wiley", "place": "", "originalDate": "", "originalPublisher": "", "originalPlace": "", "format": "", "numPages": "296", "ISBN": "0470821205", "DOI": "", "citationKey": "", "url": "", "accessDate": "", "ISSN": "", "archive": "", "archiveLocation": "", "shortTitle": "Privatizing China", "language": "", "libraryCatalog": "Amazon.com", "callNumber": "", "rights": "", "extra": "", "tags": [], "collections": [ "HB8IVU45" ], "relations": {}, "dateAdded": "2012-04-12T21:04:16Z", "dateModified": "2012-04-12T21:04:16Z" } }, { "key": "I8TCV83W", "version": 1, "library": { "type": "group", "id": 72347, "name": "Chinese Foreign Policy", "links": { "alternate": { "href": "https://www.zotero.org/groups/chinese_foreign_policy", "type": "text/html" } } }, "links": { "self": { "href": "https://api.zotero.org/groups/72347/items/I8TCV83W", "type": "application/json" }, "alternate": { "href": "https://www.zotero.org/groups/chinese_foreign_policy/items/I8TCV83W", "type": "text/html" }, "up": { "href": "https://api.zotero.org/groups/72347/items/J6SA2ZTJ", "type": "application/json" } }, "meta": { "createdByUser": { "id": 951652, "username": "clarevsa", "name": "", "links": { "alternate": { "href": "https://www.zotero.org/clarevsa", "type": "text/html" } } } }, "data": { "key": "I8TCV83W", "version": 1, "parentItem": "J6SA2ZTJ", "itemType": "attachment", "linkMode": "linked_url", "title": "Tests of Financial Intermediation and Banking Reform in China - Scholars Portal Journals", "accessDate": "2012-04-12T20:57:02Z", "url": "http://journals1.scholarsportal.info.myaccess.library.utoronto.ca/details-sfx.xqy?uri=/01475967/v29i0004/608_tofiabric.xml", "note": "", "contentType": "text/html", "charset": "", "tags": [], "relations": {}, "dateAdded": "2012-04-12T20:57:02Z", "dateModified": "2012-04-12T20:57:02Z" } }, { "key": "J6SA2ZTJ", "version": 1, "library": { "type": "group", "id": 72347, "name": "Chinese Foreign Policy", "links": { "alternate": { "href": "https://www.zotero.org/groups/chinese_foreign_policy", "type": "text/html" } } }, "links": { "self": { "href": "https://api.zotero.org/groups/72347/items/J6SA2ZTJ", "type": "application/json" }, "alternate": { "href": "https://www.zotero.org/groups/chinese_foreign_policy/items/J6SA2ZTJ", "type": "text/html" } }, "meta": { "createdByUser": { "id": 951652, "username": "clarevsa", "name": "", "links": { "alternate": { "href": "https://www.zotero.org/clarevsa", "type": "text/html" } } }, "creatorSummary": "Park", "numChildren": 1 }, "data": { "key": "J6SA2ZTJ", "version": 1, "itemType": "journalArticle", "title": "Tests of Financial Intermediation and Banking Reform in China", "creators": [ { "creatorType": "author", "firstName": "Albert", "lastName": "Park" } ], "abstractNote": "", "publicationTitle": "Journal of Comparative Economics", "publisher": "", "place": "", "date": "", "volume": "29", "issue": "4", "section": "", "partNumber": "", "partTitle": "", "pages": "608-644", "series": "", "seriesTitle": "", "seriesText": "", "journalAbbreviation": "", "DOI": "", "citationKey": "", "url": "http://resolver.scholarsportal.info/resolve/01475967/v29i0004/608_tofiabric.xml", "accessDate": "", "PMID": "", "PMCID": "", "ISSN": "01475967", "archive": "", "archiveLocation": "", "shortTitle": "", "language": "", "libraryCatalog": "", "callNumber": "", "rights": "", "extra": "", "tags": [], "collections": [ "HB8IVU45" ], "relations": {}, "dateAdded": "2012-04-12T20:57:02Z", "dateModified": "2012-04-12T20:57:02Z" } }, { "key": "Z38DWBSN", "version": 1, "library": { "type": "group", "id": 72347, "name": "Chinese Foreign Policy", "links": { "alternate": { "href": "https://www.zotero.org/groups/chinese_foreign_policy", "type": "text/html" } } }, "links": { "self": { "href": "https://api.zotero.org/groups/72347/items/Z38DWBSN", "type": "application/json" }, "alternate": { "href": "https://www.zotero.org/groups/chinese_foreign_policy/items/Z38DWBSN", "type": "text/html" } }, "meta": { "createdByUser": { "id": 951652, "username": "clarevsa", "name": "", "links": { "alternate": { "href": "https://www.zotero.org/clarevsa", "type": "text/html" } } }, "parsedDate": "2010", "numChildren": 0 }, "data": { "key": "Z38DWBSN", "version": 1, "itemType": "report", "title": "OECD Economic Surveys: China 2010", "creators": [], "abstractNote": "", "reportNumber": "", "reportType": "", "institution": "Organization for Economic Cooperation and Development", "place": "", "date": "2010", "seriesTitle": "", "seriesNumber": "", "pages": "234", "DOI": "", "ISBN": "", "citationKey": "", "url": "http://www.oecd-ilibrary.org.myaccess.library.utoronto.ca/docserver/download/fulltext/1010061e.pdf?expires=1334265033&id=id&accname=ocid177151&checksum=94C0F4ED5B6D5AA8FDB2C60ECCE361B4", "accessDate": "", "ISSN": "", "archive": "", "archiveLocation": "", "shortTitle": "", "language": "", "libraryCatalog": "", "callNumber": "", "rights": "", "extra": "", "tags": [], "collections": [ "HB8IVU45" ], "relations": {}, "dateAdded": "2012-04-12T20:54:12Z", "dateModified": "2012-04-12T20:55:21Z" } }, { "key": "SNQPXF7T", "version": 5, "library": { "type": "group", "id": 72347, "name": "Chinese Foreign Policy", "links": { "alternate": { "href": "https://www.zotero.org/groups/chinese_foreign_policy", "type": "text/html" } } }, "links": { "self": { "href": "https://api.zotero.org/groups/72347/items/SNQPXF7T", "type": "application/json" }, "alternate": { "href": "https://www.zotero.org/groups/chinese_foreign_policy/items/SNQPXF7T", "type": "text/html" } }, "meta": { "createdByUser": { "id": 951652, "username": "clarevsa", "name": "", "links": { "alternate": { "href": "https://www.zotero.org/clarevsa", "type": "text/html" } } }, "parsedDate": "2005", "numChildren": 0 }, "data": { "key": "SNQPXF7T", "version": 5, "itemType": "report", "title": "OECD Economic Surveys: China 2005", "creators": [], "abstractNote": "OECD's first Economic Survey of China documents the encouraging extent to which structural reforms in China have triggered a durable process of economic development. At the same time, the report points out where additional reform is needed. The major themes of the report include improving the framework for the private sector, labour market reforms, ageing, and reform of the public sector and the financial system.", "reportNumber": "", "reportType": "", "institution": "Organization for Economic Cooperation and Development", "place": "", "date": "2005", "seriesTitle": "", "seriesNumber": "", "pages": "206", "DOI": "", "ISBN": "", "citationKey": "", "url": "http://www.oecd-ilibrary.org.myaccess.library.utoronto.ca/docserver/download/fulltext/1005131e.pdf?expires=1334264977&id=id&accname=ocid177151&checksum=FB84EB6E79D10BD31EAD9EF2026D9554", "accessDate": "", "ISSN": "", "archive": "", "archiveLocation": "", "shortTitle": "", "language": "", "libraryCatalog": "", "callNumber": "", "rights": "", "extra": "", "tags": [], "collections": [ "HB8IVU45" ], "relations": {}, "dateAdded": "2012-04-12T20:51:52Z", "dateModified": "2012-04-12T20:55:03Z" } } ]