Major Issues and Policies in China's Financial Reform; Volume 3 by Edited by Chen Yulu and Guo Qingwang - 2017

Enrich Professional Publishing, 2017. Hardbound. New Book. Hardbound. This volume 3 in the series covers China’s transition from planned economy to market economy during the period of the late 1980s to 1990s. This transition saw problems like uncontrolled money expansion. The central government addressed problems and provided a “soft landing” maintaining growth and inflation in a stable and controlled fashion. It provides a brief historical background and looks at, among other things, state-owned enterprises, state-owned banks, and the People’s Bank of China, and emphasizes the importance of contextualizing for maximum understanding. The seven chapters (15 through 21) are: reversed monetary expansion mechanism, triangular debts, tiger in the cage, designated loans, tax and fee reforms, soft landing, unification of exchange rates. There are notes, a bibliography, and tables and figures. (2017 Ringgold, Inc., Portland, OR)