China's stock market is the third largest in Asia. Western banks and investment firms have a strong presence in Shanghai. Now that China has become a member of the World Trade Organization (WTO), the growth of the Chinese stock market is eagerly watched. This informative guide explains the development of the market, examines key policies, and recounts major scandals. It analyzes the different types of investors--institutional and individuals--and maps out the likely development of China's stock market over the next ten years.