China's financial reforms have undergone a large-scale transformation over the past several years. This book aims to outline the structure and current features of China's monetary policy, drawing upon the author's years of experience working within the People's Bank of China and insider's view of the decision-making process.

Collected here for the first time in English, this comprehensive book, written by an experienced insider privy to the inner workings of China's vigorous financial reforms, examines China's most important markets (money, bonds, foreign exchange, and stock) and the policies that regulate them.