Search results: china foreign currency reserves 1994

Who Switched the Playbooks?

When I was starting up in China, many experts cautioned me on what I would encounter. “It’s not a free market and there’s no rule of law, they told me. “The government controls the courts, the companies and the banks. Central planners in Beijing, not the marketplace, decide what goods to produce and which companies […]

Managing the Dragon, the Book (Update 2)

Below is the transcript from an interview which I recently gave regarding the upcoming publication of Managing the Dragon. Since it provides answers to many questions which I am frequently asked, I thought that I would put it in a post: What motivated you to move to China in 1991? After spending close to 20 […]