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From Centrally Planned Economy to Market-Oriented Principles: The People’s Bank of China under Change

  • Miao Han

Abstract

The People’s Bank of China (PBC), established on 1 January 1948, is the youngest of the four central banks selected here. This chapter will first review its two-tier relationship under change during China’s market-oriented reform before assessing its crisis management solutions during the GFC.

Keywords

Monetary Policy Central Bank State Council Financial Liberalisation China Security Regulatory Commission 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Miao Han 2016

Authors and Affiliations

  • Miao Han
    • 1
  1. 1.Durham UniversityUK

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