China's Stockmarket: A Guide. By Stephen Green.

Stephen Green''s new book: "China''s Stockmarket: a guide to its progress, players and prospects" has an unduly modest title. This book is far more than a guide: It''s an unusually intelligent and insightful analysis of how this complex and confusing market

Green, through his language skills and contacts among the securities industry, has mastered the universe in which China's stock and bond markets have emerged. His explanations as to how and why the bits fit together into the big picture will be extremely useful even to long-time China watchers.

One of the pleasures of this book is not unconnected to it being published by The Economist Group. Green, an up-and-coming China watcher at the British think tank...

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