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9780190497033

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James Stent has produced a study that is unique among the hundreds of books written about China and its economic transformation. He approaches the topic of banking reform in China as a participant in the process and provides distinct insight into Chinese politics and culture as it influences the way China does business. China's Banking Transformation is a remarkable achievement and should be read by both China scholars, those interested in Chinese banking, and also by those searching for a better and broader understanding of China's economic reforms. Dwight H. Perkins, Harvard University James Stent makes a compelling case as to why fears of a Chinese banking crisis are vastly overblown - very much at odds with the consensus mindset in the West that remains enamored with the dark side of China. His analysis of the Chinese banking system in the context of China's unique hybrid economic model is a must read for those who want to get China right. Stephen Roach, Senior Fellow Yale University Jackson Institute for Global Affairs and Former Chairman Morgan Stanley Asia

James Stent has produced a study that is unique among the hundreds of books written about China and its economic transformation. He approaches the topic of banking reform in China as a participant in the process and provides distinct insight into Chinese politics and culture as it influences the way China does business. <em>China's Banking Transformation</em> is a remarkable achievement and should be read by both China scholars, those interested in Chinese banking, and also by those searching for a better and broader understanding of China's economic reforms. -- <em>Dwight H. Perkins, Harvard University</em> James Stent makes a compelling case as to why fears of a Chinese banking are vastly overblown -- very much at odds with the consensus mindset in the West that remains enamored with the dark side of China. His analysis of the Chinese banking system in the context of China's unique hybrid economic model is a must read for those who want to get China right. -- <em>Stephen Roach, Senior Fellow Yale University Jackson Institute for Global Affairs and Former Chairman Morgan Stanley Asia</em>

With his education in Chinese, his career as a banker working in Asia, and his first-hand experience in Chinese banks, Stent is in a unique position to write this book. Some will see him as a China-lover with rose-tinted spectacles, but they will have to confront the well-informed and sophisticated arguments of this book. Essential and fascinating reading. -- Bangkok Post James Stent has produced a study that is unique among the hundreds of books written about China and its economic transformation. He approaches the topic of banking reform in China as a participant in the process and provides distinct insight into Chinese politics and culture as it influences the way China does business. China's Banking Transformation is a remarkable achievement and should be read by both China scholars, those interested in Chinese banking, and also by those searching for a better and broader understanding of China's economic reforms. -- Dwight H. Perkins, Harvard University James Stent makes a compelling case as to why fears of a Chinese banking crisis are vastly overblown -- very much at odds with the consensus mindset in the West that remains enamored with the dark side of China. His analysis of the Chinese banking system in the context of China's unique hybrid economic model is a must read for those who want to get China right. -- Stephen Roach, Senior Fellow Yale University Jackson Institute for Global Affairs and Former Chairman Morgan Stanley Asia

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James Stent served for 13 years on the boards of China Minsheng Bank and China Everbright Bank in Beijing, and is presently on the boards of banks in Mongolia and Myanmar. Altogether, he has been engaged in commercial banking in Asia for more than four decades, starting with Citibank and Crocker National Bank in the Philippines, Hong Kong, and Thailand, prior to joining the management of a Thai bank in Bangkok. Stent now divides his time between residences in Bangkok and California. Fluent in Chinese and Thai, he studied economic development at the Woodrow Wilson School at Princeton University.

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