The handbook of China's financial system / edited by Marlene Amstad, Guofeng Sun, and Wei Xiong.

Format:

Book

Author/Creator:

Amstad, Marlene, Author.

Contributor:

Amstad, Marlene, editor.

Sun, Guofeng, 1972- editor.

Xiong, Wei, 1971- editor.

Language:

English

Subjects (All):

Finance--China.

Finance.

China--Economic policy--1976-2000.

China.

China--Economic policy--2000-.

Physical Description:

1 online resource (1 online resource)

Place of Publication:

Princeton, New Jersey ; Oxford : Princeton University Press, [2020]

Summary:

"The Chinese economy is now easily one of the most important and closely scrutinized economies in the world. Relatively minuscule changes in predictions of how the Chinese economy will perform can drive up or down stocks and the price of oil and other commodities. At the heart of how the Chinese economy works is its financial system-but the Chinese financial system is vastly different than most people in the West can understand. How do house prices work, for example, in a country where the very concept of property ownership is significantly different than our own? This edited volume will serve as a standard reference guide to China's financial system. With eighteen chapters, the handbook features overviews on the banking sector-the core of China's financial system and the key channel for implementing China's monetary policy-China's ongoing reforms, and the quickly growing bond and money markets, among other topics. Each chapter is written by a leading expert in the field, and as a whole the list of contributors represents an impressive mix of leading scholars and high-level policy officials, some with first-hand knowledge of setting and carrying out Chinese financial policy. The handbook will serve as the first real authoritative volume of literature in the field, and will shed extensive new light on the links between China's financial system and the real economy"-- Provided by publisher.

Contents:

Frontmatter

CONTENTS

Foreword

Introduction

PART 1. BANKING AND MONETARY POLICY

1. Banking Institutions and Banking Regulations

2. Monetary Policy Framework and Transmission Mechanisms

3. Monetary Policy Instruments

4. China’s Interest Rate Liberalization

PART 2. BOND AND MONEY MARKETS

5. Chinese Bond Markets and Interbank Market

PART 3. FINANCIAL SYSTEM AND THE REAL ECONOMY

6. Macroeconomic Effects of China’s Financial Policies

7. China’s Real Estate Market

8. Infrastructure Financing

PART 4. ONGOING REFORMS

9. RMB Internationalization: Past, Present, and Prospect

10. China’s Capital Account Liberalization: A Ruby Jubilee and Beyond

PART 5. STOCK MARKET

11. The Development of the Chinese Stock Market

12. Corporate Governance in China

13. The Accounting System in China

PART 6. ASSET MANAGEMENT

14. Investment Funds in China

15. China’s Venture Capital Market

PART 7. PENSION SYSTEM

16. The Chinese Pension System

PART 8. NEW DEVELOPMENTS

17. Fintech Development

Editors and Contributors

Index

Notes:

Includes index.

Includes bibliographical references and index.

Description based on print version record.

ISBN:

0-691-20573-6

OCLC:

1140366051