1 1997159 2003 Wu, 2005 2003 2002 10 2004 9 2004 1999 10 1997167
Mainland China Studies Newsletter No.71 2 2005 2005 2003 2005 2004
3 1999b175-15
Mainland China Studies Newsletter No.71 4 case closed 2005 19972 1999 1997
5 199710-18 1990 1994 1998 1997171-207 1997 ( 1999 2003) 2003 2003 1999b155 1999a33 1. 2003 2. 1990 1950-1989 3. 1999
211-264 4. 1997 17. 1994 5. 1999a 18. 2003 1-39 6. 1999b 343-405 19. Wu, Yushan. 2005. From Romantic Triangle to Marriage? Washington-Beijing-Taipei 153-210 Relations in Historical Comparison. Issues 7. 2005 & Studies 41(1): 113-159. 10 23 8. 1997 9. 1998 10(1): 33-77 10. 2003b WTO 457-87 11. 2005 48(1): 1-28 12. 2003 42(6): 1-27 13. 1999 77-118 14. 2003 46(5): 1-20 15. 2003 16. 2004 6 Mainland China Studies Newsletter No.71
3 10 27 IPO 80 6 7 Bank 12% of America Temasek 9% 5.1% 40 2006 8 30 50 Goldman 2007 100 [2] Sachs American Express 30 10% 8 Royal Bank of Scotland 30 HSBC Temasek UBS 31 5 2004 17 Merrill Lynch 20% Li Ka-shing Foundation [1] 2002 8% Hang Sheg Bank 16% Citigroup 24.9% 7
[3] 19.9% 2002 2005 OECD 2002 2002 1997 25% 30% Nicholas Lardy Brookings Institution WTO 50% 30% 50% 2000 2001 1,700 18% [4] WTO GDP WTO 100%Lardy 1998 WTO [5] WTO WTO WTO WTO WTO 2001 WTO WTO 8 Mainland China Studies Newsletter No.71
2001 [6] [12] WTO [13] 2003 [7] [14] [15] 13% 2002 2 [8] 1998 [9] 2.1% [16] [10] 1999 [11] 2000 9
75% 20% 25% [17] [18] HSBC 17 [19] WTO 2000 1.15 Newbridge Capital 72% 17.9% 10 Mainland China Studies Newsletter No.71
[23] 250 300 4,000 [20] 8% [24] [21] [25] 180 [22] [26] 10% 35 WTO 11
[28] WTO WTO [27] WTO [29] [30] 10.0% 5.1% 5.1% 2.5% 2.5% 1.6% 10.0% 10.0% 12 Mainland China Studies Newsletter No.71
HSBC [31] 8.0% 20.0% Hengseng Bank 16.0% Citigroup 4.6%24.9% Newbridge Capital 17.9% Standard Chartered 20.0% Asian Development Bank 3.0% 20.1% 19.9% Commonwealth Bank of Australia 11.0% Scotia Bank 2.5% IFC 7.0% 4.0% 15.0% 1.1% 2.5% 5.0% 20.0% ING 19.9% GIC 5.0% 3.0% [1] 29 http://www.lksf.org [2] The Economist, A great big banking gamble. Oct 27th 2005; The Economist, Billion-dollar gamble. Sep 1st 2005. [3] The Economist, Root and branch. Nov 4th 2004. 2002 [5] The Economist, Money worries. Jun 13th 2002. [6] 2004 12 08 http:// www.people.com.cn/gb/jingji/8215/4154 [4] 3/41599/3041963.html [7] The Economist, Root and branch. Nov GDP 4th 2004. 1998 2700 [8] The Economist, Money worries. 1999 Jun 13th 2002. [9] AMCs AMCs 2000 14000 AMCs 13
mainland., Jun 3rd 2004. [10] [21] 2004 2005 3 21 [11] The Economist, Billion-dollar The Economist, The real leap forward. Nov 18th 1999. gamble. Sep 1st 2005. [22] The Economist, Strings attached. Mar [12] The Economist, An outbreak of 6th 2003. honesty. May 17th 2001. [23] Financial Times, UBS in talks with to [13] buy BoC stake as banks vie for advisory 1979 10 role in its $3bn-$4bn IPO. Jun 21th 2005; Financial Times, Goldman wins advisory role for BoC Listing. Aug 27th 2005. [24] The Economist, The Scots go a-hunting. 2000 Aug 22th 2005. 2002 [25] 2001 2005 7 30 [26] The Economist, A great big banking http://big5. gamble. Oct 27th 2005. china.com.cn/chinese/fi-c/281635.htm [27] The Economist, The real leap forward. [14] 06 Nov 18th 1999. 2005 01 [28] 28 http://finance.dayoo.com/gb/ content/2004-09/21/content_1738117.htm [15] The Economist, An outbreak of honesty., May 17th 2001 2003 Financial Times, Goldman wins advisory role for BoC Listing. Aug 27th 2005. 2003 12 [29] 15% 16 [16] The Economist, A great big banking gamble. Oct 27th 2005. 20% [30] The Economist, A great big banking gamble. Oct 27th 2005 Billion-dollar [17] gamble. Sep 1st 2005. 2005 3 [31] Financial Times, Banks are taking a new 21 view of China. Sept 27th 2005. [18] The Economist, Billion-dollar gamble. Sep 1st 2005. [19] The Economist, A great big banking gamble. Oct 27th 2005. [20] The Economist, Newbridge to the 14 Mainland China Studies Newsletter No.71
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Mainland China Studies Newsletter No.71 16
17 1.
Mainland China Studies Newsletter No.71 18 敍 敍 2.
19 3. 100
charisma charisma charisma charisma 20 Mainland China Studies Newsletter No.71
1. 2. 21
Mainland China Studies Newsletter No.71 22 1840 1894 1938
23 1971 1965 1966
Mainland China Studies Newsletter No.71 24 1978 1998 B