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

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Central Bank Regulation and the Financial Crisis
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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.

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© 2016 Miao Han

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Han, M. (2016). From Centrally Planned Economy to Market-Oriented Principles: The People’s Bank of China under Change. In: Central Bank Regulation and the Financial Crisis. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-137-56308-8_7

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