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Impact of China’s Monetary Policy on ICBC and CCB
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Prepared by Fred M.mbololo
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China’s Monetary Policy
TABLE OF CONTENTS
CHAPTER ONE: INTRODUCTION ................................................................................. 1
1.1 Chapter Overview ..................................................................................................... 1
1.2 Introduction ............................................................................................................... 1
1.3 Study Background ..................................................................................................... 2
1.4 Research Aims and Objectives .................................................................................. 4
1.5 Research Justification ................................................................................................ 4
1.6 Chapter Summary...................................................................................................... 5
CHAPTER TWO: LITERATURE REVIEW ..................................................................... 6
2.1 Chapter Overview ..................................................................................................... 6
2.2 Monetary Policy Framework in China ...................................................................... 6
2.3 Monetary Policy Tools .............................................................................................. 8
2.3.1 Reserve Requirements ........................................................................................ 8
2.3.2 Open Market Operation ...................................................................................... 8
2.3.3 Discount Window ............................................................................................... 9
2.4 China’s Monetary
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