Hostname: page-component-848d4c4894-xfwgj Total loading time: 0 Render date: 2024-06-23T21:47:42.250Z Has data issue: false hasContentIssue false
  • English
  • Français

China’s International Banking and Financial System. By Paul D. Reynolds. New York: Praeger Publishers, 1982. Pp. xvii, 221. Index. $23.95.

Published online by Cambridge University Press:  23 March 2017

Michael P. Malloy
Michael P. Malloy*
Affiliation:
Seton Hall University
Get access Rights & Permissions [Opens in a new window]

Abstract

An abstract is not available for this content so a preview has been provided. Please use the Get access link above for information on how to access this content.
Image of the first page of this content. For PDF version, please use the ‘Save PDF’ preceeding this image.'
Type
Book Reviews and Notes
Information
American Journal of International Law , Volume 78 , Issue 3 , July 1984 , pp. 718 - 719
Copyright
Copyright © American Society of International Law 1984

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

References

1 The book does not include treatment of the restructuring of the PRC’s banking system announced in September 1983. See China Alters Banking Rote, N.Y. Times, Sept. 29, 1983, at D15, col. 2. Under the restructuring plan, commercial banking activities of the People’s Bank of China, the PRC central bank, were to be transferred to a newly established commercial bank. The People’s Bank would continue to exercise its central bank functions with respect to monetary policy. (The People’s Bank of China should not be confused with the Bank of China, a wholly owned subsidiary which operates as the PRC’s international banking arm. See Reynolds at 29-30).

2 The Bank of China’s role as foreign exchange bank for the PRC was apparently unaffected by the restructuring plan announced by the PRC Government in September 1983. See China Alters Banking Role, supra note 1.