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The fourth annual China-U.S. Symposium was held in Half Moon Bay, California. Sessions addressed the process of financial change in China and the United States, reform of capital markets in the two countries, and the role of joint ventures and private equity in and by China. As in previous meetings, participants recognized considerable progress in the infrastructure, regulation, and functioning of China’s financial markets. They also expressed confidence not only that China’s financial markets constituted a major opportunity for Chinese and foreign investors, but also that continued progress would contribute to the development and restructuring of the Chinese economy as a whole. With regard to U.S. financial markets, there were concerns expressed about the possible effects of costly regulation and litigation, as well as regulatory fragmentation. Discussion in Session 1 ranged over a variety of topics. With regard to China, these included the ...more...
• The Process of Financial Change in China and the U.S.
• Reform of the Capital Markets in China and the U.S.
• Joint Ventures and Private Equity in and by China
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