Chapter One:Financial Market and Money 1
Part One-Financial Market 1
The Introduction to the Financial Market 1
A Short History of Modern Finance 5
Part Two-The Trend of the Financial Market 9
Brokerage Firms Move to Set Up Futures Markets 9
Part Three-Money 12
Chapter Two:Banking System 18
Part One-Central Bank 18
The Main Functions of the Central Bank 18
Policy Instruments of Central Bank 24
Part Two-Commercial Bank 30
Personal Bank Services 30
Types of Loans Granted by Commercial Banks 36
Part Three-Regulation and Monetary Policies 42
Monetary Policy 42
Chinese Policy Makers will Boost Domestic Demand and Fight Inflation 46
Chapter Three:Investment System 51
Part One-Investment Bank 51
Investment Banks and Investment Bankers 51
Global Investment Banks TryChina-Again 55
Part Two-Investment Instruments 60
China Sells More US T-Bonds 60
Stocks and Stock Exchanges 64
Restoring Faith in the Stock Market Essential to Economy 69
Special Financial Instruments 73
Part Three-Investment Risk Management 78
Who Is to Blame for the Subprime Crisis? 78
Chapter Four:Insurance 86
Part One-Insurance 86
Filling China's Insurance Gaps 86
Part Two-Life Insurance 91
Secure Future for Life Insurance 91
Part Three-Non-life Insurance 95
Property Insurance Provides Protection Against Risks to Property 95
Chapter Five:Financial Events 99
The Asian Financial Crisis 99
Why the Bundesbank Is Wrong 103
Greed Is Not Good for Goldman 108
A Possible Third Way for Bank Investors 113
Reference 118