Money, Banking, And Financial Markets In China - 9780367161378

Taylor & Francis

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. > 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. > 1. Introduction Part One: Financial System in China: An Overview 2. The Money and Banking System Before the Reform 3. Reforming the Banking System Part Two: The Money Supply Process 4. What Is Money? 5. The Money Supply Process 6. Monetary Policies 7. Interest Rates Part Three: The Demand for Money 8. The Velocity of Money 9. Evidence of the Monetization Process 10. Inflation Expectations and Price Insts