Localizing Global Finance illustrates that private equity has become a more significant component of China's economy based on a pattern of new domestic elites importing and implementing a largely Western financial model.

Justin Robertson is an Associate Professor and Associate Head of the Department of Asian and International Studies at the City University of Hong Kong.

1. Introduction 2. A Middle Ground Between Global and Local Levels of Analysis 3. Global Finance and Localization: Four Possible Outcomes 4. Where to Study Domestic Actors and New Finance 5. Replica Localization and Private Equity in China 6. Elite Formations and Cases of Success and Failure 7. Revisiting the Literature and the Significance of the Findings 8. Conclusion