Inside China’s Financial Markets: A Practitioner’s Guide to Regulation, Banking, Bonds, Equities, and Beyond

Inside China’s Financial Markets is a working reference to how that system is built and how it actually operates, current to 2026: the regulators and the rules, the money and bond markets, equities and futures, the banks and insurers, the pension and asset-management industries, the cross-border channels, digital finance, and the machinery of risk resolution.

Across twelve chapters it follows one through-line: how capital is raised, priced, allocated, and governed inside a managed system in transition. The figures and data tables are drawn from primary sources, the PBOC, the NFRA, the CSRC, the exchanges, and the official statistical record, and presented without spin. The aim is to hand you the architecture, so you can read the next policy move for yourself.

What this book covers

• Part I, The Architecture: Regulatory Architecture and Macro Context

• Part II, Markets: Money Markets and the RMB; Bond Market and Sovereign Debt; Equity Markets; Futures & Derivatives

• Part III, Institutions: Banking; Insurance; Pension Market & Silver Economy; Asset Management Industry

• Part IV, Frontiers: Cross-Border Investment; Digital Finance; Financial Risk Management

Who it is for: Investors, analysts, bankers, lawyers, and policy researchers who need China’s markets at the level of mechanism, not headline. Whether you allocate across Asia, advise on cross-border deals, or simply want to understand how the pieces fit together, this is a reference you will return to.

A clear, current map of the system, so you can stop guessing at the headlines and read the structure for yourself.

Miles L. Y. Cross began his career as a financial reporter at a global newswire, covering capital markets across Asia-Pacific, moved into investment management at one of Asia’s leading institutions, and now runs an independent cross-border research practice. He is a Fellow of the Association of Chartered Certified Accountants (ACCA) and a member of the American Accounting Association and the American Finance Association.