Monetary policy of China

The monetary policy of China aims to keep the value of the Renminbi, the official currency of the People's Republic of China, stable and contribute to economic growth.[1] Monetary policy concerns the actions of a central bank or other regulatory authorities adopt to manage and regulate currency and credit in order to achieve certain macroeconomic goals.[2]

  1. ^ Zhou, Xiaochuan (November 30, 2012). "China's Monetary Policy Since the Turn of the Century". Caixin Online. Retrieved 2013-06-18.
  2. ^ Burdekin, Richard C.K.; Siklos, Pierre L. (September 2008). "What has driven Chinese monetary policy since 1990? Investigating the People's bank's policy rule". Journal of International Money and Finance. 27 (5): 847–859. doi:10.1016/j.jimonfin.2008.04.006. hdl:10125/3686.