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L e a r n e d R e p o r t
L e a r n e d R e p o r t
I count Peter G. Zhang as one of the young heroes of the field of finance and this book
surely illustrates my view. He brings his extensive knowledge and experience in derivatives
and the operation of markets to bear in China where the development of both, while nascent,
offers great promise. In his book, he has taken a very pragmatic and thoughtful approach to
contending with and managing the risks of transactions in Chinese Yuan, contributing to both
the scholarship and practice of finance in the global economy. The Chinese Yuan will become a
major currency in the global marketplace and this book will help readers get ready.
Sharon Brown-Hruska, Acting Chairman and Commissioner,
United States Commodity Futures Trading Commission
I commend this book as essential reading for those who want to participate in the likely
explosive growth of a sophisticated Chinese financial services industry over the next ten years.
For financial practitioners China is the biggest market opportunity in the world today – but
please do your homework and ignore this book at your peril !
Roy Leighton, Chai
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