China's monetary policy hits complications
You must be signed in to read this analysis
In this article
- Monetary policy objectives
- Policy instruments
- 1. Reserve requirements
- 2. Benchmark lending and deposit rates
- 3. Open market operations (OMOs)
- 4. Window guidance or direct credit control
- 5. Other instruments
- Interest rate policy weaknesses
- Perverse incentives
- Lack of transparency
What is this?
This article is from the Oxford Analytica Daily Brief, which analyses geopolitical, economic, social, business and industrial developments on a global and regional basis, providing clients with timely, authoritative analysis every business day of the year. Find out more about the Oxford Analytica Daily Brief, or request a trial.