English translation and appreciation by Peter Chen and Michael Tan
Reviewed by Chan Chiu MingAn original English translation from the Chinese text: A companion edition of the book in Chinese is available — the original classical text translated into modern Chinese and profusely annotated by Associate Professor Dr Chan Chiu Ming of National Institute of Education, Singapore.

This text examines corporate governance in city commercial banks, which are the main source of loans to the dynamic small and medium enterprises that are crucial to the development of China's economy. By the end of 2008, there were 136 city commercial banks in China, 13 of which had foreign partners, and this book clearly demonstrates the positive effect of these foreign partnerships on corporate governance practices, in addition to financial performance.