If the IPO volume from Hong Kong, which is an extension of the China capital markets, is added, the total volume from Greater China is 3.6 times greater than that of the United States.
Because China's capital markets are underdeveloped, limits on how insurers invest may be no more than prudent.
Forcing firms to rely more on external sources of financing should give China's capital markets a boost.
But as authors William Chandler and Holly Gwin explain in a recent study for the Carnegie Endowment for International Peace, China's capital markets are extremely small for a country its size.
Another factor is the structure of China's capital markets.
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Many Chinese management teams that are taking their companies public in China or in overseas capital markets do not understand what is required to run a publicly listed company.
The report, entitled "Capital Markets Transparency and Security: The Nexus Between U.S.-China Security Relations and America's Capital Markets, " was completed at the end of June, but only released last week for public comment.
Capital markets in China were closed for a national holiday and will reopen on Monday.
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Capital markets in China were closed for a national holiday and will reopen today.
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In terms of its capital markets, China is now where the U.S. was in the late 1970s.
Capital markets in China were closed for a national holiday on Thursday and Friday, and will reopen on Monday.
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In terms of its capital markets, China finds itself in the same situation that the United States did at the beginning of the 1980s.
Specifically, Paulson wants to see stronger and more efficient capital markets in China, increased domestic consumption and more exports from the U.S. to China.
"The government wants to see these companies subjected to harsh market scrutiny, " says Lin Shoukang, head of capital markets for China International Capital Corp.
Treasury Secretary Henry Paulson has also begun a "strategic economic dialogue" with China, aimed at bolstering capital markets in that country and encouraging U.S. investment there.
For financial investors, the slower growth in China, combined with difficult capital markets, are actually making the deals less expensive to buy and easier to negotiate.
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As China works to make its capital markets more modern and efficient, a system that allows investors to better understand the central bank's policy leanings is becoming more critical.
Citigroup launched an investment-banking joint venture in China, gaining access to its fast-growing capital markets.
It is true that the Bank's lending has become more focused on social sectors recently, and it is also true that the majority of the world's poor people live in countries such as China or Brazil, which do have access to capital markets.
Having personally witnessed the transformation of the U.S. capital markets that took place at the beginning of the 1980s, and seeing what is happening in China today, I believe that we are at the early stages of a similar transformation of the capital markets here.
Douglas Leone of Sequoia Capital, a big venture-capital firm, reckons that in emerging markets like China around 50% of start-ups backed by foreign venture capitalists in the internet and mobile sectors are copycats, and in markets like Brazil it is closer to 70%.
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When combined with funding the general cash deficits, these multitrillion-dollar Treasury operations will dominate the capital markets in the years ahead, particularly given China's de-emphasis of new investment in U.S. Treasurys in favor of increasing foreign direct investment, and Japan's and Europe's own sovereign-debt challenges.
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According to the report, some 70% of the Bank's non-concessional lending over the past seven years has gone to 11 countries (including China, Argentina, Mexico and Brazil) that had access to capital markets.
For example, with American and other foreign businesses being encouraged to make ever-larger investments there, the U.S. capital markets are likely to experience huge new demands for China-related projects and so-called general-purpose financing.
Their continued development in the years ahead will enable more FIEs and private companies to access funds, and will fuel a new round of growth in China, just like the development of the U.S. capital markets did in an earlier time.
The floatation will mark the first time China's regulators have allowed a privately held company to tap domestic capital markets.
The main objective, according to Al Ansari, is to use China's surplus of quality unlisted companies to boost the Gulf's capital markets.
China's securities regulator also is considering opening up the country's capital markets to international hedge funds by launching a feasibility study on broadening the scope of the QFII program to include such investors, a person familiar with the situation said last week.
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For some months now, the big emerging markets of Brazil, Russia, India and China have been discussing providing more capital to the International Monetary Fund above their current quota in order to bail out Europe.
Its China-focused trust would be its fourth REIT, following efforts in recent years to tap capital markets by listing commercial and industrial properties via REITs in Singapore.
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