Stephen Green is the Head of the Asia Programme at The Royal Institute of International Affairs at Chatham House, London.

• Part 1: Theoretical Considerations 1. Stock Market Regulation and Institutional Change in Reform China 2. Investors, Bureaucrats and the Institutions of the Chinese State Part 2: Local Institutional Capture 3. Nascent Equity Markets and Local Institution Building, 1984-90 4. Institutional Capture by Local Leaders: Share Issuance and Other Problems, 1993-2000 5. Equity Developmentalism Unbound: The Capture of Secondary Market Institutions in Shenzhen and Shanghai, 1995-97 6. The Shanghai and Shenzhen Stock Exchanges: From Local Control to 'Sons of the CSRC' 7. Local Institution-Making and the Securities Trading Centres 8. Institutional Creation and Development: The China Securities Regulatory Commission 9. Incoherence at the Centre: The State Council Securities Commission and CSRC/PBoC Relations 10. Drafting the Securities Law: The Role of the National People's Congress in Creating Institutions Part 3: Conclusions 11. Socialist Market Regulation 12. China's Stock Market and the Changing Policy Priorities of the State Council 13. Equity Politics and Market Institutions

'Stephen Green has written an intricately detailed and important book.' - The China Journal'The book is required reading for anyone who wants to understand the growth of the equity or stock market in China.' - The China Journal

Stephen Green is the Head of the Asia Programme at The Royal Institute of International Affairs at Chatham House, London.

• Part 1: Theoretical Considerations 1. Stock Market Regulation and Institutional Change in Reform China 2. Investors, Bureaucrats and the Institutions of the Chinese State Part 2: Local Institutional Capture 3. Nascent Equity Markets and Local Institution Building, 1984-90 4. Institutional Capture by Local Leaders: Share Issuance and Other Problems, 1993-2000 5. Equity Developmentalism Unbound: The Capture of Secondary Market Institutions in Shenzhen and Shanghai, 1995-97 6. The Shanghai and Shenzhen Stock Exchanges: From Local Control to 'Sons of the CSRC' 7. Local Institution-Making and the Securities Trading Centres 8. Institutional Creation and Development: The China Securities Regulatory Commission 9. Incoherence at the Centre: The State Council Securities Commission and CSRC/PBoC Relations 10. Drafting the Securities Law: The Role of the National People's Congress in Creating Institutions Part 3: Conclusions 11. Socialist Market Regulation 12. China's Stock Market and the Changing Policy Priorities of the State Council 13. Equity Politics and Market Institutions

'Stephen Green has written an intricately detailed and important book.' - The China Journal'The book is required reading for anyone who wants to understand the growth of the equity or stock market in China.' - The China Journal

Stephen Green is the Head of the Asia Programme at The Royal Institute of International Affairs at Chatham House, London.

• Part 1: Theoretical Considerations 1. Stock Market Regulation and Institutional Change in Reform China 2. Investors, Bureaucrats and the Institutions of the Chinese State Part 2: Local Institutional Capture 3. Nascent Equity Markets and Local Institution Building, 1984-90 4. Institutional Capture by Local Leaders: Share Issuance and Other Problems, 1993-2000 5. Equity Developmentalism Unbound: The Capture of Secondary Market Institutions in Shenzhen and Shanghai, 1995-97 6. The Shanghai and Shenzhen Stock Exchanges: From Local Control to 'Sons of the CSRC' 7. Local Institution-Making and the Securities Trading Centres 8. Institutional Creation and Development: The China Securities Regulatory Commission 9. Incoherence at the Centre: The State Council Securities Commission and CSRC/PBoC Relations 10. Drafting the Securities Law: The Role of the National People's Congress in Creating Institutions Part 3: Conclusions 11. Socialist Market Regulation 12. China's Stock Market and the Changing Policy Priorities of the State Council 13. Equity Politics and Market Institutions

'Stephen Green has written an intricately detailed and important book.' - The China Journal'The book is required reading for anyone who wants to understand the growth of the equity or stock market in China.' - The China Journal