Capital Markets

Chinese Capital Markets Research is published four times a year, in Japanese only. An English translation of the Table of Contents is provided here with links, when available, to related articles in English published by Nomura Institute of Capital Markets Research (NICMR). For other materials in English, please contact the author(s) or NICMR directly.

Contents

Financial and Capital Market Reform

China's Stock Exchanges Should Develop in Line with Changing Times

ZHAO Pengfei, Associate Professor, Department of Economy and Administration, China Institute of Industrial Relations

Macro Finance

Is Shadow Banking Causing China's Version of the Sub-Prime Loan Problem?

HUANG Yiping, Peking University Center for Chinese Macroeconomic Research
CHANG Jian & YANG Lingxiu, Barclay's Capital

Common Determinants of China's Interest Rates, Exchange Rate, and Share Prices

Chihung KWAN, Nomura Institute of Capital Markets Research, Ltd

Foreign Exchange System

RMB Rate Approaching Equilibrium Level

Chihung KWAN, Nomura Institute of Capital Markets Research, Ltd.

International Finance

Internationalization of the RMB: Process, Challenges, and Pathway

BA Shusong, Development Research Center of the State Council

Financial Institution Management

China's 2011 Rankings of Underwriters and Initiation of Securities Industry Reform

Eiichi SEKINE, Nomura Institute of Capital Markets Research

HOT TOPIC

Intensifying Market Competition in RMB Offshore Trading

Eiichi SEKINE & Masanobu IWATANI, Nomura Institute of Capital Markets Research, Ltd.

Related article in English from Nomura Journal of Capital Markets, Autumn 2012 issue (PDF:150kb)