China’s Structural Monetary Policy Tools: Objectives, Limitations, Unintended Consequences
Sebastian Guo | 7 November 2022
Monetary,
Policy Briefs | Tags:
Central Banks,
China,
Monetary Policy Central bank interventions have intended and unintended structural effects. A growing number of monetary authorities are acknowledging these structural implications of monetary policy and have started addressing them more actively. In line with this development, the People’s Bank of China (PBC) has introduced a range
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Greening Financial Governance: Lessons from China
Peter Knaack | 13 January 2022
Discussion Notes,
Monetary | Tags:
China,
Governing Finance,
Green Finance,
Macroprudential Regulation,
Monetary Policy China’s turn towards green financial governance has causes and consequences that are instructive for policymakers elsewhere. This paper traces the evolution of rules and regulations designed to guide China’s financial system towards supporting green firms and projects since the 1990s. It outlines four domestic reasons
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For PBOC’s New Green Lending Tool, Transparency and Verification Are Key
Sebastian Guo | 10 December 2021
Blog,
Monetary | Tags:
Central Banks,
China,
Climate Change,
Targeted Refinancing Lines Global efforts to expedite the transition to a sustainable future require a significant shift in financial flows. The institutions governing finance play a vital role in achieving this objective. Central banks stand at the heart of this endeavor and are increasingly rising to the challenge.
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Save our Steel! Save our Jobs?
Johannes Schwarzer | 13 November 2015
Blog,
Trade | Tags:
Anti-Dumping,
China,
EU,
Steel,
Tariffs EU member States have recently intensified their calls upon the European Commission to deploy trade defence measures to stem the rising tide of cheap imports of steel from China. It is contended that the slowdown of the Chinese domestic economy has prompted steel manufacturers to
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