VoxEU Talk Financial Regulation and Banking Monetary Policy

Implementing central bank policy in China

How do China’s government-owned commercial banks respond to informal guidance from The People’s Bank of China? Their reaction to recent guidance designed to cool off mortgage lending offers a fascinating insight into how the banking sector works in China. Michel Habib of the University of Zurich talks to Tim Phillips.

Transcript: Implementing central bank policy in China

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Trascrizione: L'implementazione delle politiche della banca centrale in Cina

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Transcription : La mise en œuvre de la politique de la banque centrale en Chine

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