Banking Reforms And Monetary Policy In Peoples Republic Of China: Is The Chinese Central Banking System Ready For Joining The Wto?; Author: Guo, Yong; Hardback; Book

Author: Guo, Yong
Hardback; Book
208 pages
Published: September 2002
Palgrave Macmillan
ISBN: 1403900787

From 1993-1995 the People's Republic of China undertook a series of reforms designed to modernize 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 analyzes 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.Full title: 'Banking Reforms and Monetary Policy in the People's Republic of China'. Analysing the reforms undertaken by China between 1993 and 1995, this book assesses the effectiveness of the monetary policy that was put in place and shows whether it can withstand China's accession to the World Trade Organization.