Reforging The Central Bank: The Top-level Design Of The Chinese Financial System In The New Normal

Download or read book Reforging The Central Bank: The Top-level Design Of The Chinese Financial System In The New Normal written by Haiqing Deng and published by World Scientific. This book was released on 2016-03-11 with total page 219 pages. Available in PDF, EPUB and Kindle. Book excerpt: Reforging the Central Bank presents an insightful comparison between financial development in China — a rising global economic superpower — under the old and new normal and an all-encapsulating study of current monetary transmission mechanism and monetary policy instruments. Focusing on the 'top-level design' for Chinese financial system and the reformation of People's Bank of China (PBoC), China's central bank, Dr Deng, head of the Fixed Income Research Department at CITIC Securities, and his team provide a deep analysis with useful suggestions and bold predictions for the central bank's new policy framework, new objectives, and new mechanisms in the future.As such, the carefully presented analysis of this book will be of value to researchers and curious readers who are interested in understanding of China's — a rising global economic superpower — future financial development environment.