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 The People s Bank of China written by and published by . This book was released on 2001 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book A Study of the People s Bank of China written by James Chao-seng Ma and published by . This book was released on 1980 with total page 380 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Sveriges Riksbank and the History of Central Banking written by Tor Jacobson and published by . This book was released on 2018-05-24 with total page 527 pages. Available in PDF, EPUB and Kindle. Book excerpt: Offers a comprehensive analysis of the historical experiences of monetary policymaking of the world's largest central banks. Written in celebration of the 350th anniversary of the central bank of Sweden, Sveriges Riksbank. Includes chapters on other banks around the world written by leading economic scholars.
Download or read book Monetary Policy Implementation in East Asia written by Frank Rövekamp and published by Springer Nature. This book was released on 2020-09-13 with total page 177 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book shares essential insights into the implementation of monetary policy in various East Asian countries. Highlighting case studies from China, Taiwan, Korea, Japan and Singapore, leading economists and practitioners from central banks illustrate how dependent effective monetary policy is on the institutional and financial market environment, as well as on successful implementation and communication. The respective contributions cover various aspects of monetary policy implementation, such as: How is inflation targeting handled? For what purposes and how do central banks operate on financial markets, and what are the (at times unintended) effects? How do currency market interventions help achieve the monetary policy targets set by individual countries or areas? In addition, Asian experiences are contrasted with those from the Eurozone.
Download or read book Urban China written by World Bank and published by World Bank Publications. This book was released on 2014-07-29 with total page 583 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the last 30 years, China’s record economic growth lifted half a billion people out of poverty, with rapid urbanization providing abundant labor, cheap land, and good infrastructure. While China has avoided some of the common ills of urbanization, strains are showing as inefficient land development leads to urban sprawl and ghost towns, pollution threatens people’s health, and farmland and water resources are becoming scarce. With China’s urban population projected to rise to about one billion – or close to 70 percent of the country’s population – by 2030, China’s leaders are seeking a more coordinated urbanization process. Urban China is a joint research report by a team from the World Bank and the Development Research Center of China’s State Council which was established to address the challenges and opportunities of urbanization in China and to help China forge a new model of urbanization. The report takes as its point of departure the conviction that China's urbanization can become more efficient, inclusive, and sustainable. However, it stresses that achieving this vision will require strong support from both government and the markets for policy reforms in a number of area. The report proposes six main areas for reform: first, amending land management institutions to foster more efficient land use, denser cities, modernized agriculture, and more equitable wealth distribution; second, adjusting the hukou household registration system to increase labor mobility and provide urban migrant workers equal access to a common standard of public services; third, placing urban finances on a more sustainable footing while fostering financial discipline among local governments; fourth, improving urban planning to enhance connectivity and encourage scale and agglomeration economies; fifth, reducing environmental pressures through more efficient resource management; and sixth, improving governance at the local level.
Download or read book PBC the People s Bank of China written by People's Bank of China (Beijing) and published by . This book was released on 1993 with total page 19 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Party state Relations in the People s Republic of China written by Carl Emil Walter and published by . This book was released on 1981 with total page 792 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The People s Money written by Paola Subacchi and published by Columbia University Press. This book was released on 2016-11-22 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt: Many of the world's major economies boast dominant international currencies. Not so for China. Its renminbi has lagged far behind the pound, the euro, and the dollar in global circulation—and for good reason. China has long privileged economic policies that have fueled development at the expense of the renminbi's growth, and it has become clear that the underpowered currency is threatening China's future. The nation's leaders now face the daunting task of strengthening the currency without losing control of the nation's economy or risking total collapse. How are they approaching this challenge? In The People's Money, Paola Subacchi introduces readers to China's monetary system, mapping its evolution over the past century and, particularly, its transformation since Deng Xiaoping took power in 1978. Subacchi revisits the policies that fostered the country's economic rise while at the same time purposefully creating a currency of little use beyond China's borders. She shows the key to understanding China's economic predicament lies in past and future strategies for the renminbi. The financial turbulence following the global crisis of 2008, coupled with China's ambitions as a global creditor and chief economic power, has forced the nation to reckon with the limited international circulation of the renminbi. Increasing the currency's reach will play a major role in securing China's future.
Download or read book The People s Bank of China written by and published by . This book was released on 1984 with total page 8 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The People s Bank of China written by and published by . This book was released on 1984 with total page 8 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Report on the Work of the Government written by Keqiang Li and published by DigiCat. This book was released on 2022-09-15 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a transcript of Premier Li Keqiang's government work report. It was a practical and factual report that pointed out challenges, strengths, and opportunities. Keqiang tells people that the Chinese economy is facing hardships due to structural reforms, the need for better environmental protection, and the impact of a lagging global economy.
Download or read book written by China and published by . This book was released on 2001 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: English- Chinese.
Download or read book The Circulation of Money in the People s Republic of China written by Ling Tsêng and published by . This book was released on 1959 with total page 150 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book People s Bank of China written by Franklin Allen and published by . This book was released on 2017 with total page 53 pages. Available in PDF, EPUB and Kindle. Book excerpt: We provide a comprehensive review of the development and activities of the People's Bank of China over the half century. First, the PBC has evolved from the mixture of a central bank and a commercial bank to the central bank of China, with the status legally confirmed in 1995. Although the mandates of the PBC have altered slightly over the past decades, the monetary policy has continuously met challenges in different stages of economic development. Second, in order to reach the objectives of economic growth and stable prices, the PBC does not operate in a single instrument environment, but employs a variety of policy instruments including price-based, quantity-based and administrative policy measures. Third, the PBC has been promoting financial reforms actively and playing a key role of regulation during special episodes such as the credit crunches in 2013, which has led to the rapid development of financial systems and may further contribute to the economic growth and help balance the growth in different economic sectors.
Download or read book The Inter Bank Bond Market in the People s Republic of China written by Asian Development Bank and published by Asian Development Bank. This book was released on 2020-08-01 with total page 347 pages. Available in PDF, EPUB and Kindle. Book excerpt: The ASEAN+3 Bond Market Guide series provides country-specific information on the investment climate, rules, laws, opportunities, and characteristics of local bond markets in Asia and the Pacific. It aims to help bond market issuers, investors, and financial intermediaries understand the local context and encourage greater participation in the region’s rapidly developing bond markets. This edition focuses on the Inter-Bank Bond Market in the People’s Republic of China, which is one of the country’s most important bond markets and one of only two that are accessible to foreign investment.
Download or read book Banking in China written by Source Wikipedia and published by University-Press.org. This book was released on 2013-09 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. Pages: 46. Chapters: Banking in Hong Kong, Banks of China, Chinese bankers, People's Bank of China, H. H. Kung, Chinese financial system, K. P. Chen, History of banking in China, Banking in the People's Republic of China, China UnionPay, Industrial and Commercial Bank of China, China Development Bank, Clearing House Automated Transfer System, Lim Peng Siang, China Construction Bank, Agricultural Bank of China, Bank of Communications, Shanghai Pudong Development Bank, Zhejiang Tailong Commercial Bank, HSBC Bank, China Banking Regulatory Commission, Industrial Bank Co., Exim Bank of China, Li Zhaohuan, Minsheng Banking Corp, China Merchants Bank, Afriland First Bank, Sili Bank, China Bohai Bank, China CITIC Bank, David Shou-Yeh Wong, Taizhou Commercial Bank, Fang Chengguo, Bank of Ningbo, Guangdong Development Bank, Jing Shuping, Jiang Jianqing, Citibank, Xiamen International Bank, Zhuang Xiaotian, Zhang Youyi, Imperial Bank of China, Xiao Gang, Hua Xia Bank, Bank of Beijing, Harbin Bank, Shenzhen Development Bank, Postal Savings Bank of China, H.J. Shen, Li Ruogu, Bank of Jilin, Exchange Bank Association, Hong Kong Association of Banks, China-based financial stocks in Hong Kong, Bank of Dalian, Shengjing Bank, County Bank, Four Northern Banks, Three Southern Banks, Shenzhen City Commercial Bank, Xiang Junbo, GITIC, Bank of Shanghai, Ping An Bank. Excerpt: China's financial system is highly regulated and has recently begun to expand rapidly as monetary policy becomes integral to its overall economic policy. As a result, banks are becoming more important to China's economy by providing increasingly more finance to enterprises for investment, seeking deposits from the public to mop up excess liquidity, and lending money to the government. As part of US$586 billion economic stimulus package of November 2008, the government plans to remove...
