Bachelor's, City University of New York; 1987, MBA in International Finance, Columbia University. Former Economist, Research Department, New York Stock Exchange. Since 1988, Editor-in-Chief, Caijing Magazine. Director: Securities Association of China; Government Bond Association; Asia Securities Industry Institute. Editor-in-Chief, Securities Market Weekly. Vice-Chairman, China Securities Industry Institute. Member of the Advisory Board, Cathy Investment Holding. Founder, China Business Association, US. Author of numerous books and articles on China's securities market and economic restructuring.