Reluctant Regulators: How the West Created and China Survived the Global Financial Crisis

Contents

Preface vii Acknowledgements xi Introduction — Reluctant Regulators 1 Chapter 1 Global Crisis: Why Regulators Trust Financial Markets 19 Chapter 2 Fatal Decisions: Washington and London’s Deliberate Mistakes 35 Chapter 3 China: Reforms vs Regulation 55 Chapter 4 China’s Painful Decisions: Politics in Command 77 Chapter 5 Hong Kong: From Scandals to Stability 95 Conclusions — Resisting Reforms 115 Notes 129 Bibliography 177 Index 203 Contents ...