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La finance chinoise dans la nouvelle phase de la réforme économique

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  • Michel Aglietta

Abstract

The 12th five-year plan is going to bring huge changes in the Chinese economy, on its inside structures as well as on its international economic relations. The contribution of the financial sector to these changes will be important. Inside China, sustainable growth will require to free the financial services industry but also to implement a major fiscal reform along with a new configuration of power within the Party. As for the international aspects, the new convertibility of the Yuan for non residents will pave the way for a major role of Hong-Kong and China in the future reshaping of the international monetary system. Classification JEL: F31, F43, O53, P2, P3.

Suggested Citation

  • Michel Aglietta, 2011. "La finance chinoise dans la nouvelle phase de la réforme économique," Revue d'économie financière, Association d'économie financière, vol. 0(2), pages 17-28.
    • Handle: RePEc:cai:refaef:ecofi_102_0017
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    JEL classification:

    • F31 - International Economics - - International Finance - - - Foreign Exchange
    • F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies
    • O53 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East
    • P2 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies
    • P3 - Political Economy and Comparative Economic Systems - - Socialist Institutions and Their Transitions

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