Au sommaire, notamment : Can a currency board or a hard peg be unstable ? The case of China (P. Artus) ; Developping the bond market in China : the next step forward in financial reform (M. Aglietta & P. Maarek) ; Dependence on external finance by manufacturing sector : examining the measure and its properties (G. M. von Furstenberg & U. von Kalckreuth).