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  • When Gao Xi-Qing arrived in Hong Kong in August his arrival was greeted by a typhoon called Victor. Staff at Bank of China already acknowledge that typhoon Gao, their new boss, is set to shake things up more than your average king-wind.
  • Winning the China game
  • Singling out the individual may appear out of keeping with the vogue for emphasizing the team. But in China, having the right individual on board is the most important factor in business success.
  • A budget, a new credit policy and a report into currency convertibility, all introduced in the first half of this year, have boosted investor confidence. Phillip Moore analyzes their significance.
  • For emerging-market bond investors in the know, the former Soviet Union - especially central Asia - is the place to be. Debt markets have rallied across the board, yields are mostly buoyant, and currencies have held their own against the dollar. But title and settlement can sometimes be a little hairy. Theodore Kim investigates the excitement.
  • Hostile bids and privatization have loosened bank/company relations and let in the foreign investment banks. There's no looking back. By Laura Covill.
  • Regional governments are taking back control of local businesses in the name of saving jobs and preventing foreign speculators from taking over. While some observers regard this as an undesirable move, things could be worse. Renationalization, the bogey which haunted Russia's first few years of market reform, has melted away as the Kremlin moves to sell whatever mineral fortunes it has left. But relocalization is just gathering steam.
  • Brazil's companies reach out for funds
  • The African Development Bank (ADB) gets full marks for its efforts to reform and modernize its operations in what is arguably one of the world's toughest banking environments.
  • In the game of Monopoly there's nothing worse than going to jail. Thanks to a bizarre negative-pledge clause written in the mid-1980s, Westpac has suffered the capital markets' equivalent. For more than a decade, it has been locked away from the international bond markets. But not any more. The Australian bank received its get-out-of-jail-free card on August 26. Now, free to borrow without constraint, it is mustard-keen to enter the bond market.
  • Deals of the Year
  • Finance Minister of the Year: Chubais forces the pace