China's monetary policy

Topics: Monetary policy, Money supply, Central bank Pages: 41 (12477 words) Published: November 4, 2013
China’s monetary Policy

NAME OF THE UNIVERSITY
Impact of China’s Monetary Policy on ICBC and CCB
Student’s Name
Admission Number
Course Name and Number
Instructor
Date

Prepared by Fred M.mbololo

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China’s Monetary Policy
TABLE OF CONTENTS
CHAPTER ONE: INTRODUCTION ................................................................................. 1 1.1 Chapter Overview ..................................................................................................... 1 1.2 Introduction ............................................................................................................... 1 1.3 Study Background ..................................................................................................... 2 1.4 Research Aims and Objectives .................................................................................. 4 1.5 Research Justification ................................................................................................ 4 1.6 Chapter Summary...................................................................................................... 5 CHAPTER TWO: LITERATURE REVIEW ..................................................................... 6 2.1 Chapter Overview ..................................................................................................... 6 2.2 Monetary Policy Framework in China ...................................................................... 6 2.3 Monetary Policy Tools .............................................................................................. 8 2.3.1 Reserve Requirements ........................................................................................ 8 2.3.2 Open Market Operation ...................................................................................... 8 2.3.3 Discount Window ............................................................................................... 9 2.4 China’s Monetary Policy........................................................................................... 9 2.4.1 Financial markets and Interest rates ................................................................... 9 2.4.2 Interbank Market and Monetary Policy Implementation ................................. 11 2.4.3 Bank Lending and Monetary Policy Implementation by Central Bank ........... 11 2.5 The Theory of Money ............................................................................................. 12 2

China’s Monetary Policy
2.5.1 Keynesian View ................................................................................................ 13 2.5.2 Monetarist Point of View ................................................................................. 13 2.5.3 Implications of theorists to monetary policy .................................................... 14 2.6 Assessment of Monetary Policy in US and UK ...................................................... 14 2.7 Conceptual Framework ........................................................................................... 15 2.8 Chapter Summary.................................................................................................... 16 CHAPTER THREE: RESEARCH METHODOLOGY ................................................... 17 3.1 Chapter Overview ................................................................................................... 17 3.2 Research Design ...................................................................................................... 17 3.3 Data Collection ........................................................................................................ 17 3.4 Data Collection Technique ...................................................................................... 19 3.5 Data Analysis .......................................................................................................... 20 3.6 Limitations of the research...

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