FINANCIAL THEORY: PERSPECTIVES FROM CHINA - Hardcover

Xingyun Peng

Hardcover

ISBN 10: 1938134311 ISBN 13: 9781938134319

Publisher: World Century, 2015

Synopsis

China is now the second largest economy in the world, with an increasingly efficient and open financial system. Many firms, agents and financial institutions have realized the potential in making money in China. Financial Theory: Perspectives from China serves as a timely textbook providing a unique introduction to economics theory, with a focus on money, banking and financial systems, through examples based mainly on China's financial practices. It contains up-to-date developments of theory and practices, as well as various interesting stories on China's financial system. Topics such as financial institutions, capital markets, debt securities markets, mutual fund markets, money markets, foreign exchange and financial derivative markets are discussed in depth. Financial theories are supplemented with illustrations from China's money supply mechanism and monetary policy system, China's financial regulatory and supervision system, as well as China's financial system and how it has liberalized and opened up to the rest of the world.

Readers will find detailed examinations of financial theories, exemplified and reinforced by the inclusion of different financial cases and phenomena, each intriguing in their own right. This book provides readers with a deeper understanding of China's financial practices, providing vital knowledge for investing in China and engaging businesses there. Undergraduate students in economics and finance and those keen on becoming a player in China's financial markets will no doubt find this volume useful and necessary.

About this title

About the Author

Xingyun Peng is Professor of Economics at the Institute of Finance and Banking, Chinese Academy of Social Sciences (CASS) and Director of the Department of Monetary Theory and Policy. He received his doctoral degree in 2001 from CASS. He was also a visiting scholar at Stanford University from January 2010 to September 2011.

His research interests include macroeconomics, monetary policy, monetary economics, financial developments, reform, and liberalization. He teaches Monetary Theory, and the Economics of Money, Banking and Financial Markets at the post-graduate school of CASS. He has been frequently consulted for his views on China's economy and its monetary policies. He is also a reviewer for several of China's top academic journals, such as the Economics Research Journal, and has published many influential papers and works in China.

Edition details

• Publisher: World Century
• Publication date: 2015
• ISBN 10: 1938134311
• ISBN 13: 9781938134319
• Binding: Hardcover
• Language: English
• Number of pages: 708