Abstract
During a visit to China in June 1973, a group of young civil servants from the École Nationale d'Administration, myself amongst them, had several interesting interviews, particularly with Han-leï and Wang Si-yi, two experts from the People's Bank of China, in Peking. This was, as far as I know, the first time since the Cultural Revolution that visitors have had the chance to gather official information on current Chinese monetary policy and on the role of the People's Bank in the economic life of the country. One can define the Chinese monetary and financial system by the following formula: the People's Bank, the sole autonomous financial institution, receives the deposits of private individuals, enterprises, people's communes and State departments, and it grants loans to enterprises
Publisher
Cambridge University Press (CUP)
Subject
Political Science and International Relations,Development,Geography, Planning and Development
Reference7 articles.
1. Monnaie et financement en Chine;StoSels;Bulletin du Centre d'études des pays de l'est,1967
2. Hsiao K. Huang , Money and Monetary Policy, pp. 130–31
3. Chinese Economic Studies, Winter 1973
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