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  • The People's Bank of China's Internet Finance Dilemma

    Author(s)
    Feng, Hui
    Griffith University Author(s)
    Feng, Hui
    Year published
    2016
    Metadata
    Show full item record
    Abstract
    There never seems to be a reprieve for China's central bank, the People's Bank of China (PBoC). First were decade-long allegations that the bank was behind Beijing's strategy of undervaluing its currency, the renminbi, to gain unfair trade advantage. As the renminbi steadily increased in real value in the last five years and even gained an official membership of the International Monetary Fund's basket of reserve currencies in 2015, however, the PBoC became embroiled in another battle againstThere never seems to be a reprieve for China's central bank, the People's Bank of China (PBoC). First were decade-long allegations that the bank was behind Beijing's strategy of undervaluing its currency, the renminbi, to gain unfair trade advantage. As the renminbi steadily increased in real value in the last five years and even gained an official membership of the International Monetary Fund's basket of reserve currencies in 2015, however, the PBoC became embroiled in another battle against
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    Journal Title
    Central Banking
    Volume
    XXVI
    Issue
    4
    Publisher URI
    https://www.centralbanking.com/central-banking-journal/feature/2453926/the-people-s-bank-of-china-s-internet-finance-dilemma
    Funder(s)
    ARC
    Grant identifier(s)
    FT150100370
    Subject
    Comparative government and politics
    Government and politics of Asia and the Pacific
    Publication URI
    http://hdl.handle.net/10072/396351
    Collection
    • Journal articles

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