Download or read book Banking Reforms and Monetary Policy in the People s Republic of China written by Yong Guo and published by Springer. This book was released on 2002-09-06 with total page 206 pages. Available in PDF, EPUB and Kindle. Book excerpt: From 1993-1995 the People's Republic of China undertook a series of reforms designed to modernise their banking and financial systems, the process of financial intermediation and to implement a sound and credible monetary policy in China. They based these reforms on the Federal Reserve System in the USA. This book analyses these reforms and assesses the effectiveness of the monetary policy that was put in place and shows whether it can withstand China's accession to the WTO.
Download or read book The Rise of the People s Bank of China written by Stephen Bell and published by Harvard University Press. This book was released on 2013-06-10 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt: With $4.5 trillion in total assets, the People’s Bank of China now surpasses the U.S. Federal Reserve as the world’s biggest central bank. The Rise of the People’s Bank of China investigates how this increasingly authoritative institution grew from a Leninist party-state that once jealously guarded control of banking and macroeconomic policy. Relying on interviews with key players, this book is the first comprehensive and up-to-date account of the evolution of the central banking and monetary policy system in reform China. Stephen Bell and Hui Feng trace the bank’s ascent to Beijing’s policy circle, and explore the political and institutional dynamics behind its rise. In the early 1990s, the PBC—benefitting from political patronage and perceptions of its unique professional competency—found itself positioned to help steer the Chinese economy toward a more liberal, market-oriented system. Over the following decades, the PBC has assumed a prominent role in policy deliberations and financial reforms, such as fighting inflation, relaxing China’s exchange rate regime, managing reserves, reforming banking, and internationalizing the renminbi. Today, the People’s Bank of China confronts significant challenges in controlling inflation on the back of runaway growth, but it has established a strong track record in setting policy for both domestic reform and integration into the global economy.
Download or read book Monetary and Exchange System Reforms in China written by Mr.Bernard Laurens and published by International Monetary Fund. This book was released on 1996-09-26 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 1978, China embarked on a gradual but far-reaching reform of its economic system. This paper focuses on the achievements so far in reforming the financial sector, the legal framework for financial transactions, the payments system, and the monetary policy and foreign exchange system. It also analyzes the tasks ahead to achieve the goals set in these areas for the year 2000.
Download or read book People s Republic of China written by International Monetary Fund and published by International Monetary Fund. This book was released on 1997-09-08 with total page 158 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Selected Issues paper analyzes state-owned enterprise (SOE) development and reform in China. The paper discusses the role of state ownership in the Chinese economy, providing a “snapshot” of key features of the state sector, and a review of the growth, efficiency, and profitability of SOEs. The paper argues that economic performance in SOEs has declined in the last few years as evidenced by falling profitability, increasing losses, growing industrial inventories, and low rates of capacity utilization in some sectors. The paper also examines banking sector development and policy issues in China.
Download or read book People s Republic of China written by International Monetary and published by International Monetary Fund. This book was released on 2023-02-10 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt: People’s Republic of China: Selected Issues
Download or read book Money Banking And Financial Markets In China written by Gang Yi and published by Routledge. This book was released on 2019-04-24 with total page 330 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book reviews how the current banking system in China has emerged from the all-inclusive monobank system in the past. It discusses the money supply mechanism, evaluates monetary policies, analyzes the monetization process, and provides a summary of the development of financial markets.
Download or read book People s Republic of China written by International Monetary Fund. Asia and Pacific Dept and published by International Monetary Fund. This book was released on 2017-08-15 with total page 77 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Selected Issues paper examines the drivers and prospects for high levels of savings in China. China has one of the highest levels of national savings in the world, which is at the heart of its external and internal imbalances. High and rising household savings have mainly resulted from demographic changes as a result of the one-child policy and the breakdown of the social safety net during the transition from a planned to a market economy. Demographic changes will put downward pressure on national savings. Policy efforts to strengthen the social safety net and reduce income inequality are also needed to reduce savings further and faster and to boost consumption.
Download or read book People s Republic of China written by International Monetary Fund. Monetary and Capital Markets Department and published by International Monetary Fund. This book was released on 2017-12-06 with total page 79 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper discusses the findings of the Financial System Stability Assessment (FSAP) for China. Since the 2011 FSAP, China’s impressive economic growth has continued, and it is now undertaking a necessary but prolonged economic and financial transformation. However, tensions have also emerged in various areas of the Chinese financial system. The monetary and fiscal policies aimed at supporting employment and growth have been expansionary in recent years. Pressures to keep nonviable firms open are strong, particularly at the local government level, where these objectives, at times, conflict with financial stability. The demand for high-yield investment products coupled with strengthening oversight of the banking sector has also led to regulatory arbitrage and the growth of increasingly complex investment vehicles.
Download or read book Major Issues and Policies in China s Financial Reform written by Yulu Chen and published by . This book was released on 2016-02-29 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Pants with close crotch," "polyandry," and "a tiger in a cage" - these enigmatic terms are frequently used by Chinese economists and policy-makers to figuratively describe certain significant financial events in the history of New China. Major Issues and Policies in China's Financial Reform is a 4-volume guide to these kinds of events.With the economic transformation of late 1980s as a turning point, this series provides an in-depth examination of 28 key financial policies and issues in China over a 60-year timespan. The series combines vivid stories and theoretical analysis to explain the historical background of these financial reforms, including such concepts as replacing the fiscal appropriation of investment funds by bank loans, the replacement of profit delivery by taxes, and debt for equity swaps. The series also offers evaluations of the subsequent impacts of these policies on China's economic development. Major Issues and Policies in China's Financial Reform uses a review of history to provide a basis for policy recommendations, innovations, and future fiscal and financial reforms In China.
Download or read book Reforms in China s Monetary Policy written by Sun Guofeng and published by Springer. This book was released on 2016-04-29 with total page 267 pages. Available in PDF, EPUB and Kindle. Book excerpt: China's financial reforms have undergone a large-scale transformation over the past several years. This book aims to outline the structure and current features of China's monetary policy, drawing upon the author's years of experience working within the People's Bank of China and insider's view of the decision-making process.
Download or read book Russian Transition Chinese Reforms written by András Blahó and published by . This book was released on 1994 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book People s Republic of China written by International Monetary Fund and published by International Monetary Fund. This book was released on 2011-11-14 with total page 126 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report discusses the IMF/World Bank Financial Sector Assessment Program (FSAP) exercise for China undertaken during June–December 2010. The assessment concluded that reforms in China have progressed well in moving toward a more commercially oriented financial system. Despite success and rapid growth, China’s financial sector is confronting several near-term risks, structural challenges, and policy-induced distortions. A properly composed and timely implemented set of reforms would help address these challenges. A framework to resolve weak financial institutions on a timely basis is also needed.
Download or read book China s Financial System written by William Byrd and published by Routledge. This book was released on 2019-08-20 with total page 140 pages. Available in PDF, EPUB and Kindle. Book excerpt: Strengthening the banking system and expanding its role in resource mobilization and allocation have been key components of recent economic reform policies in the People's Republic of China. This study of China's financial system focuses on new policies and reforms undertaken since 1976, including institutional restoration, proliferation, and decen
Download or read book World Bank Lending to the People s Republic of China written by United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on International Development, Finance, Trade, and Monetary Policy and published by . This book was released on 1990 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book People s Republic of China written by International Monetary Fund. Asia and Pacific Dept and published by International Monetary Fund. This book was released on 2017-08-15 with total page 77 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Selected Issues paper examines the drivers and prospects for high levels of savings in China. China has one of the highest levels of national savings in the world, which is at the heart of its external and internal imbalances. High and rising household savings have mainly resulted from demographic changes as a result of the one-child policy and the breakdown of the social safety net during the transition from a planned to a market economy. Demographic changes will put downward pressure on national savings. Policy efforts to strengthen the social safety net and reduce income inequality are also needed to reduce savings further and faster and to boost consumption.
Download or read book The Role of Central Banking in China s Economic Reforms written by Carsten Holz and published by Cornell East Asia Series. This book was released on 1992 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt: "A thoroughly researched study of the banking system over the period from 1978 to early 1990.... Holz's work deserves to be read widely by analysts from both the traditional and econometric schools."--Australian Journal of Chinese Affairs "A timely book for specialists on China's economy.... An indispensable book for those who focus on China's monetary policy and financial system.... The richness of detail distilled from a huge amount of background materials... helps the reader to overcome the difficult language barrier and savor the reality of central banking in China."--China Review International "An excellent study of how the People's Bank of China carries out its unenviable task of ensuring monetary stability for China's vast area and population." --The China Quarterly
Download or read book Financial Reform in China written by Henk van Gemert and published by . This book was released on 2001 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt:
