China's financial reform - Essay Example

Comments (1) Cite this document
Due to the global financial crisis in 1988 and 2008, the authorities in China took a range of reforms to internationalize the Chinese currency usage, the renminbi. The reforms included currency swap lines establishment with foreign central banks, Chinese exporters and importers…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER91.6% of users find it useful
China's financial reform
Read TextPreview

Extract of sample "China's financial reform"

Download file to see previous pages The economic theory argues that the financial repression minimize the increase and efficiency risk. Thus, this report provides interpretations for reforms experiences understanding on economy and industry and the financial industry. Though, the financial systems have not yet get completed. It is because, even though the free markets now determine the product prices, the production market factors get heavily distorted. In this case, the Chinese financial liberalization is important in the financial reforms even in many other developing countries.
The reform period has experienced a rapid financial activity growth. Thirty years ago, the industry of finance was close to non-existence (Huang 384). Now, China has wide financial institutions range, from security companies to banks. The useful measure that determines the financial progress is the money supply proportion to GDP.
Researchers argue that the financial systems affect the economic development of a country. Thus, theoretically, the financial sector has a basic relationship with economic development. For this reason, the financial reforms that get carried out in China aims to improve the economic development in China and its economic relationship with other countries.
Economists have argued that the main role of the financial sector in the economic development is to stimulate the economic growth through providing various important functions like setting and clearing of payments. Levine summarized the five main financial systems (Levine 105). They include; exerting corporate governance and monitoring investment; to control trading; to pool and, mobilize savings; management of risk and easing the goods and services exchange.
Given that the sector of finance gives such basic services important for economic growth sustainability, many economists says that the financial reforms have a significant role economy. Thus, ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“China's financial reform Essay Example | Topics and Well Written Essays - 2500 words”, n.d.)
China's financial reform Essay Example | Topics and Well Written Essays - 2500 words. Retrieved from
(China'S Financial Reform Essay Example | Topics and Well Written Essays - 2500 Words)
China'S Financial Reform Essay Example | Topics and Well Written Essays - 2500 Words.
“China'S Financial Reform Essay Example | Topics and Well Written Essays - 2500 Words”, n.d.
  • Cited: 0 times
Comments (1)
Click to create a comment or rate a document
ejacobson added comment 6 months ago
Student rated this paper as
The topic of "China's financial reform" was hard to find. I spent ages to find it. Here at StudentShare, I got the finest example. Many thanks!

CHECK THESE SAMPLES OF China's financial reform

World's religions

... due: World’s religions The article on world’s religions talks about ways which the religious people seek ways of transforming their lives to walk in the light. The writer tries to explain these concepts using yoga. Yoga is derived from the word yoke; it is an exercise designed to lead to integration or union. He looks at Hinduism and Christianity. Unlike the west, Indians use yoga to gain control of the body functioning. Both religions agree the end goal is to do what God pleases and align all our ways to God’s ways. Hinduism has sought different ways to please God that work for different people. While Christianity uses specific ways that may not necessarily work for everyone. It looks at four paths to the goal. The first one... due: World’s ...
1 Pages(250 words)Essay

Women' s right

... Grace Chang: Disposable domestics The book offers a broad of how immigrant women go to the extent of taking low-wage job and getting into numerous collusion path with the U.S government as well as the hiring organizations. The author seek to offer a detailed account of the challenges that the immigrant women must endure in order to survive and provide for their families. Together with Miriam Louie, they sought offer a voice to the many immigrant women who are constantly under threats and intimidations. Chang writes a compelling and disturbing account of the complicity between the U.S. government, private employers and corporations to control welfare and immigrant policies to the detriment of poor women. Chapter by chapter... Grace Chang:...
1 Pages(250 words)Book Report/Review

China's Dangerous Overvaluation

...Summary of the Article The article is about the appreciation of Yuan against other currencies and starts with the news of recent slide in Yuan valueagainst US Dollar. Author indicates that despite all the signs indicating towards economic trouble for China, it may continue to use its policies to further strengthen the Yuan however; the same may actually backfire given how the different economic factors are indicating. A stronger Yuan and higher interest rates in Chinese economy will continue to put pressure on the currency as capital inflows increase and financial liberalization kicks in. Author highlights the times when appreciating Yuan was a desired proposition for China to help the...
2 Pages(500 words)Article

Aristotle's Theory

... Aristotle against Epiphenomenalism In the modern scientific knowledge, epiphenomenalism is a teaching, considering the mind and consciousness as phenomena, which only accompany physiological processes (Robinson). Epiphenomenalism suggests that mental processes do not play an active role in a causal link defining various physiological states. The mind-body problem is being examined through the denial of the significance of mental processes in the physiological functioning of the body. Analyzing the philosophy of Aristotle, one can argue that he does not support epiphenomenalism. Despite the fact that Aristotle believes that the soul exists until there is a body, the philosopher recognizes activity of the mental processes... Aristotle against...
1 Pages(250 words)Essay

Girl's Eucation

...Girl Education Insert Insert Importance of girl education Depiction from the Documentary on Girls rising and elaborated in the vignettes touch aspects as expounded below; Change of circumstances: When girls get educated, their circumstances change, and this is achieved through determination and strength that they have gotten. Relief: Educating a girl makes her feel relieved from so many things. From the vignette, they say that none of the nine girls ended badly even after struggling. Vocal talent: Education to girls’ covers features an amazing array of vocal talent. This gives real future in acting because they have grown and developed new skills. Stay away from being overly sentimental. This makes them chose what to do... Education Insert...
2 Pages(500 words)Essay

Alzheimer's Disease

...referred to as neurodegeneration. 4. The effect on the person’s life The disease causes loss of memory to its patients as well an adverse impact on their coordination capabilities to the extent that the individual patient lose their autonomy in carrying out daily activities. For instance, they cannot take care of their sanitary need or even their feeding. It also causes an adverse effect on the suffers language, judgment or even decision decision-making. This disease makes it a necessity for it patients to be taken care of around the clock for their entire life. Provision of the care can come with huge financial needs especially when the patient is institutionalized in nursing homes. 5. Treatment Currently, there is...
2 Pages(500 words)Assignment

China's economic growth the worst then on this scale in terms of growth, China is still at zero, not because they are currently experiencing growth, but because they have had such incredible growth that an adjustment is necessary and being conducted in a timely manner. Chinese growth is still considered to be better than almost every country in the world and they are in an enviable situation. References Al-Tamimi, N. M. (2013). China-Saudi Arabia Relations, 1990-2012. New York: Routledge. CIA World Factbook. (2015). China. Retrieved from https://www.cia.go v/library/publications/the-world-factbook/ Yan, S. (14, April 2015). Chinas economic growth drops to its slowest pace...
4 Pages(1000 words)Research Paper

Women's issue

...Gender Wage Gap Women are the primary breadwinners in six out of ten families in America. Apart from this, it is apparent that they earn 75% of every dollar earned by men. Additionally, it is evident that the majority of the women are disproportionately piled in lowest-paying fields in addition to being poorly represented in well-paying fields (Covert, 2015). The issue of gender wage gap can be addressed with much ease through observing a simple plan like the one I will outline below: First, it is crucial for the US government to enforce all organizations as well as offices to treat women 100% in pay, opportunity as well as advancement through coming up with a rule that protects working women. The success of this, however... Wage Gap Women...
1 Pages(250 words)Assignment

McDonald's over 90 countries in the world makes financial and economic trends an important factor in the company’s operations. The choice whether to import resources or purchase them locally is a vital element. Another principal element is the level of taxes that the company is liable to pay; how much do tariffs cost on specific brought in raw materials? What is the level of taxation for multinational corporations? What is the level of unemployment? (McDonalds, 2015). Socio-Cultural Trends Growing and constantly changing ways of life can have a consequence on the performance of sales. Persons increasingly are looking for more fare that is sophisticated when they venture out to eat. Hamburgers and French fries are not as...
1 Pages(250 words)Essay

China and Japan's environment

...issues. In 2005, China was the top emitter of the greenhouse having a 16.4 percent emission rate while Japan had 3.1 percent emission rate (Jin, Dong & Chen, 2012). Historically, China and Japan has been involved in various policies in effort to reduce various forms of pollution including the Kyoto protocol that committed state parties to reducing emission of greenhouses gasses. Recently, China and Japan invested heavily in financial as well as policy resources in action to ensure that the reduction of greenhouse gas emission is achieved. The climatic change policies of both countries have been driven by domestic consideration including economic restructuring, energy...
2 Pages(500 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic China's financial reform for FREE!

Contact Us