New Book on PRC Financial Sector
June 5th, 2005
Financial Services in China is a rich new source of information on China’s banking, securities, futures and insurance markets. It was recently published by China Knowledge Press, a Singapore company. It looks like one of the best, most up-to-date sources of info in English on China’s financial sector.
I got a copy last week in Shanghai at the Foreign Languages Bookstore on Fuzhou Road. It was over-priced at RMB 800 (about USD 100). The book is in full-color with a lot of charts and graphics, but still it is a paperback. The price was especially staggering in the context of Chinese books, which usually costs less than USD 10. The clerk rather lamely shrugged that is is an imported book. Since I was in China orchestrating a class on precisely the topics covered by the book, I bit my lip and handed over my credit card (after negotiating a 5% price reduction because I was buying the display copy rather than a pristine, untouched version).