Research on Chinas Monetary Policy System and Conduction Mechanism

Focusing on four key transmission mechanisms—interest rate, credit, exchange rate, and asset price—this book investigates the effects of China's monetary policy on these areas. It further examines how these mechanisms influence the macroeconomy, aiming to clarify the overall impact of China's monetary policy on macroeconomic objectives. The analysis provides insights into the intricate relationships between monetary policy and economic performance in China.