Renminbi internationalisation and China's financial development

For now, effective capital controls allows the Chinese authorities to retain regulated deposit and lending rates, quantitative credit guidance and bond-market rationing. Relaxing capital controls would put these policies at risk. Reserve requirements can be extended to bank inflows from the offshore market, but only at a cost.

MoreLess

Year of publication:	2011
Authors:	McCauley, Robert
Published in:	BIS Quarterly Review. - Bank for International Settlements (BIS). - 2011, December
Publisher:	Bank for International Settlements (BIS)

freely available

Full text |

More access options

www.bis.org

Check Google Scholar

In German libraries (KVK)

I need help

More details

Extent:	application/pdf text/html
Type of publication:	Article
Classification:	E4 - Money and Interest Rates ; E5 - Monetary Policy, Central Banking and the Supply of Money and Credit ; F3 - International Finance ; G1 - General Financial Markets ; O16 - Financial Markets; Saving and Capital Investment ; P2 - Socialist Systems and Transitional Economies
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10009385724