Longtime friend and advisor to ordinary investors Burton G. Malkiel, together with a carefully selected team of coauthors, now gives them an investment strategy for accessing the world's fastest-growing economy. Drawing from the author team's on-the-ground experience in China, From Wall Street to the Great Wall details how average investors can tap into the opportunities China affords. Inside, readers will find: A compact tour of five hundred years of Chinese history and culture that offers readers a footing in this unique investing environment, with special emphasis on the Mao years and the rise of the reformist government of Deng Xiaoping, A hype-free, in-depth investigation of the Chinese stock market, estimating its efficiency and highlighting the best bets among Chinese firms and industries, Substantial coverage of the multinational corporations in the United States and elsewhere that stand to benefit from China's explosive growth, Overviews of the markets for commodities, real estate, and art and collectibles, as Malkiel leaves no investment possibility unexamined, Four fully realized and detailed investment strategies for China, drawn from Malkiel's broad experience and proven investment track record. Book jacket.

A stunning inside look at how and why the foundations upon which China has built the world’s second largest economy, have started to crumble. Over the course of a decade spent reporting in China as a financial journalist, Dinny McMahon came to the conclusion that the widely held belief in China’s inevitable economic ascent is dangerously wrong. In this unprecedented deep dive, McMahon shows how, lurking behind the illusion of prosperity, China’s economic growth has been built on a staggering mountain of debt. While stories of newly built but empty cities, white elephant state projects, and a byzantine shadow banking system have all become a regular fixture in the press, McMahon goes beyond the headlines to explain how such waste has been allowed to flourish, and why one of the most powerful governments in the world has been at a loss to stop it. Through the stories of ordinary Chinese citizens, McMahon tries to make sense of the unique—and often bizarre—mechanics of the nation’s economy, whether it be the state’s addiction to appropriating land from poor farmers; or why a Chinese entrepreneur decided it was cheaper to move his yarn factory to South Carolina; or why ambitious Chinese mayors build ghost cities; or why the Chinese bureaucracy was able to stare down Beijing’s attempts to break up the state’s pointless monopoly over table salt distribution. Debt, entrenched vested interests, a frenzy of speculation, and an aging population are all pushing China toward an economic reckoning. China’s Great Wall of Debt unravels an incredibly complex and opaque economy, one whose fortunes—for better or worse—will shape the globe like never before.

As an economic superpower, China has become an increasingly important player in the international monetary system. Its foreign exchange reserves are the largest in the world and its exchange rate policy has become a major subject of international economic diplomacy. The internationalization of the renminbi (RMB) raises critical questions in international policy circles: What kinds of power is China acquiring in international monetary relations? What are the priorities of the Chinese government? What explains its preferences? In The Great Wall of Money, a distinguished group of contributors addresses these questions from distinct perspectives, revealing the extent to which China’s choices, and global monetary affairs, will be shaped by internal political factors and affect world politics. The RMB is a likely competitor for the dollar in the next couple of decades; its emergence as an important international currency would have substantial effects on the balance of power between the United States and China. By illuminating the politics of China’s international monetary relations, this book provides a timely account of the global economy, the role of the renminbi in international relations, and the trajectory of China’s continuing ascendency in the coming decades.

Hailed as "absorbing" by the New York Times and "suspense-filled" by Foreign Affairs, Patrick Tyler's A Great Wall became an instant classic; a must-read for anyone concerned with the complicated and combative relationship between the world's biggest and the world's most powerful nations. And no one could tell this story better than Patrick Tyler, veteran journalist and former Beijing bureau chief of the New York Times. Using brilliant original reporting from his years in China; interviews with presidents, secretaries of state, Chinese officials, and other key leaders; and 15,000 pages of newly declassified documents, Tyler illuminates a relationship usually shrouded in secrecy, miscommunication, rivalry, fascination, and fear. A Great Wall is essential reading for anyone interested in China and anyone concerned with the shifting dynamics of post-Cold War geopolitics.

In Take on the Street, Arthur Levitt--Chairman of the Securities and Exchange Commission for eight years under President Clinton--provides the best kind of insider information: the kind that can help honest, small investors protect themselves from the deliberately confusing ways of Wall Street. At a time when investor confidence in Wall Street and corporate America is at an historic low, when many are seriously questioning whether or not they should continue to invest, Levitt offers the benefits of his own experience, both on Wall Street and as its chief regulator. His straight talk about the ways of stockbrokers (they are salesmen, plain and simple), corporate financial statements (the truth is often hidden), mutual fund managers (remember who they really work for), and other aspects of the business will help to arm everyone with the tools they need to protect—and enhance—their financial future.

Rick Bueter leads you through the politics, greed and control that Wall Street firms have over American workers retirement savings. Once you understand the critical questions he brings up in his book, everything about how Wall Street is scamming American retirement savers becomes clear.

A Wall Street Insider's Guide to getting ahead in any highly competitive industry "Dave learned how to win in investment banking the hard way. Now he is able to share tools that make it easier for budding bankers and other professionals to succeed." —Frank Baxter, Former CEO of Jefferies and U.S. Ambassador to Uruguay "A must-read for anyone starting their career in Corporate America. Dave's book shares witty and valuable insights that would take a lifetime to learn otherwise. I highly recommend that anyone interested in advancing their career read this book." —Harry Nelis, Partner of Accel and former Goldman Sachs banker In The Way of the Wall Street Warrior, 25-year veteran investment banker and finance professional, Dave Liu, delivers a humorous and irreverent insider’s guide to thriving on Wall Street or Main Street. Liu offers hilarious and insightful advice on everything from landing an interview to self-promotion to getting paid. In this book, you’ll discover: How to get that job you always wanted Why career longevity and “success” comes from doing the least amount of work for the most pay How mastering cognitive biases and understanding human nature can help you win the rat race How to make people think you’re the smartest person in the room without actually being the smartest person in the room How to make sure you do everything in your power to get paid well (or at least not get screwed too badly) How to turn any weakness or liability into an asset to further your career

Financial collapses—whether of the junk bond market, the Internet bubble, or the highly leveraged housing market—are often explained as the inevitable result of market cycles: What goes up must come down. In Liquidated, Karen Ho punctures the aura of the abstract, all-powerful market to show how financial markets, and particularly booms and busts, are constructed. Through an in-depth investigation into the everyday experiences and ideologies of Wall Street investment bankers, Ho describes how a financially dominant but highly unstable market system is understood, justified, and produced through the restructuring of corporations and the larger economy. Ho, who worked at an investment bank herself, argues that bankers’ approaches to financial markets and corporate America are inseparable from the structures and strategies of their workplaces. Her ethnographic analysis of those workplaces is filled with the voices of stressed first-year associates, overworked and alienated analysts, undergraduates eager to be hired, and seasoned managing directors. Recruited from elite universities as “the best and the brightest,” investment bankers are socialized into a world of high risk and high reward. They are paid handsomely, with the understanding that they may be let go at any time. Their workplace culture and networks of privilege create the perception that job insecurity builds character, and employee liquidity results in smart, efficient business. Based on this culture of liquidity and compensation practices tied to profligate deal-making, Wall Street investment bankers reshape corporate America in their own image. Their mission is the creation of shareholder value, but Ho demonstrates that their practices and assumptions often produce crises instead. By connecting the values and actions of investment bankers to the construction of markets and the restructuring of U.S. corporations, Liquidated reveals the particular culture of Wall Street often obscured by triumphalist readings of capitalist globalization.

A scathing dissection of the wheeling and dealing in the world's greatest financial center. Spot rates, zero coupons, blue chips, futures, options on futures, indexes, options on indexes. The vocabulary of a financial market can seem arcane, even impenetrable. Yet despite its opacity, financial news and comment is ubiquitous. Major national newspapers devote pages of newsprint to the financial sector and television news invariably features a visit to the market for the latest prices. Does this prodigious flow of information have significance for anyone except the tiny percentage of people who have significant holdings of stocks or bonds? And if it does, can non-specialists ever hope to understand what the markets are up to? To these questions Wall Street answers an emphatic yes. Its author Doug Henwood is a notorious scourge of the stock exchange in the pages of his acerbic publication Left Business Observer. The Newsletter has received wide acclamation from J.K. Galbraith, among others, and occasional less favorable comment. Norman Pearlstine, then executive editor of the Wall Street Journal, lamented, 'You are scum ... it's tragic that you exist.' With compelling clarity, Henwood dissects the world's greatest financial center, laying open the intricacies of how, and for whom, the market works. The Wall Street which emerges is not a pretty sight. Hidden from public view, the markets are poorly regulated, badly managed, chronically myopic and often corrupt. And though, as Henwood reveals, their activity contributes almost nothing to the real economy where goods are made and jobs created, they nevertheless wield enormous power. With over a trillion dollars a day crossing the wires between the world's banks, Wall Street and its sister financial centers don't just influence government, effectively they are the government.

Travel through time on an exhilarating expedition to China’s most famous landmark! The Great Wall of China is one of the world’s most intriguing, well-known treasures. Spanning 2,700 years and over 13,000 miles long, embark on the fascinating tale of how the Great Wall was built and how it became one of the greatest man-made projects of all time. This thrilling children’s book about this fascinating structure will leave you with newfound knowledge and appreciation for this amazing world wonder. It includes: • Exquisitely detailed panoramic artworks that show how the Great Wall of China has changed from one era to the next — from the first defensive forts created in 656 BCE to the 13,000 mile-long monument still standing today • Cutaway views that reveal the interior of forts and buildings • Every illustration is surrounded by pull-out details for children to look at, drawing them into the picture and making the book fun and interactive • Lively, engaging narrative text and simple annotations that guide children on a journey through time This informative book educates young readers about how the Great Wall was built and showcases the people that help build it. The wall, one of the new Seven Wonders of the World, started as a frontier defense against northern tribesmen and over the eras evolved to become the dynamic landmark that it is today. This educational history book also contains exceptional cutaway views revealing the interiors of important buildings, and pull-out details introducing fascinating facts and key characters. The time-traveling fox who appears in the artwork will have children inquisitively searching for the charming fox throughout the book. This makes for the perfect gift or collector’s item for children age 7 and up to learn about the Great Wall of China and its history. It is also perfect for parents looking for books on Chinese history to read with their children, and those planning on visiting the Great Wall of China who want to learn more about the landmark before or after their trip.