The Trend of China's Money Supply under the New Situation and the Study of Its Implications
Year: 2024
Type: article
Abstract: In the past few years, China's economy has encountered a series of intricate internal and external challenges, encompassing the impact of COVID-19, shifts in the global economic landscape, and domestic economic structural adjustments. During the period from 2021 to 2023, several significant changes occurred in the domestic and international economic and financial situations, such as escalating global inflationary pressures, interest rate hikes by the Federal Reserve, and heightened fluctuations in the RMB exchange rate, all of which exerted an influence on the domestic money supply. This study conducts an analysis of the variations in narrow money (M1) and broad money (M2) during the period from 2021 to 2023, delving into the underlying capital flows and their deep-seated reasons.
Authors: Xiaojun Li, Yuliang Yang, Qiwei Pang
Language: English
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W6893005708
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