History and Legal Framework of the People’s Bank of China View Full Text


Ontology type: schema:Chapter     


Chapter Info

DATE

2015

AUTHORS

Knut Benjamin Pißler

ABSTRACT

This chapter gives a short overview on the history of the People’s Bank of China (PBoC), the central bank of the People’s Republic of China, and introduces its legal environment. Upon the basis of the Central Banking Law, promulgated in 1995 and amended in 2003, the chapter illustrates the following topics: the legal status of the PBoC, its objectives and tasks, its organisational structure, the independence of the Chinese central bank, the capital and instruments of the PBoC, and its reporting obligations and supervision. The PBoC developed in an environment which is most accurately described as one of managed transition, entailing the gradual transformation of the economic system and allowing a market-oriented framework slowly to grow out of the planned economy. The legal framework creates much flexibility or—from a more formal legal perspective—a particular uncertainty regarding the role of the PBoC, which advanced from a department of the Ministry of Finance to a state organ at ministerial level with growing authority within the hierarchy of the Chinese party-state. When it comes to the question of the independence of the PBoC, the prevailing opinion in the academic literature is that the Chinese central bank’s independence is in a critical situation, given its subordinate status to the State Council. Nevertheless, the rising authority of the PBoC in China has marked a significant change in Chinese monetary institutions and policy. More... »

PAGES

11-24

References to SciGraph publications

Book

TITLE

Central Banking and Financial Stability in East Asia

ISBN

978-3-319-17379-5
978-3-319-17380-1

Identifiers

URI

http://scigraph.springernature.com/pub.10.1007/978-3-319-17380-1_2

DOI

http://dx.doi.org/10.1007/978-3-319-17380-1_2

DIMENSIONS

https://app.dimensions.ai/details/publication/pub.1008365354


Indexing Status Check whether this publication has been indexed by Scopus and Web Of Science using the SN Indexing Status Tool
Incoming Citations Browse incoming citations for this publication using opencitations.net

JSON-LD is the canonical representation for SciGraph data.

TIP: You can open this SciGraph record using an external JSON-LD service: JSON-LD Playground Google SDTT

[
  {
    "@context": "https://springernature.github.io/scigraph/jsonld/sgcontext.json", 
    "about": [
      {
        "id": "http://purl.org/au-research/vocabulary/anzsrc-for/2008/1801", 
        "inDefinedTermSet": "http://purl.org/au-research/vocabulary/anzsrc-for/2008/", 
        "name": "Law", 
        "type": "DefinedTerm"
      }, 
      {
        "id": "http://purl.org/au-research/vocabulary/anzsrc-for/2008/18", 
        "inDefinedTermSet": "http://purl.org/au-research/vocabulary/anzsrc-for/2008/", 
        "name": "Law and Legal Studies", 
        "type": "DefinedTerm"
      }
    ], 
    "author": [
      {
        "affiliation": {
          "alternateName": "Max Planck Institute for Comparative and International Private Law", 
          "id": "https://www.grid.ac/institutes/grid.461770.3", 
          "name": [
            "Max Planck Institute for Comparative and International Private Law"
          ], 
          "type": "Organization"
        }, 
        "familyName": "Pi\u00dfler", 
        "givenName": "Knut Benjamin", 
        "id": "sg:person.07431737717.20", 
        "sameAs": [
          "https://app.dimensions.ai/discover/publication?and_facet_researcher=ur.07431737717.20"
        ], 
        "type": "Person"
      }
    ], 
    "citation": [
      {
        "id": "sg:pub.10.1007/978-3-319-03062-3_2", 
        "sameAs": [
          "https://app.dimensions.ai/details/publication/pub.1020364220", 
          "https://doi.org/10.1007/978-3-319-03062-3_2"
        ], 
        "type": "CreativeWork"
      }, 
      {
        "id": "https://doi.org/10.4159/harvard.9780674073593", 
        "sameAs": [
          "https://app.dimensions.ai/details/publication/pub.1099286475"
        ], 
        "type": "CreativeWork"
      }
    ], 
    "datePublished": "2015", 
    "datePublishedReg": "2015-01-01", 
    "description": "This chapter gives a short overview on the history of the People\u2019s Bank of China (PBoC), the central bank of the People\u2019s Republic of China, and introduces its legal environment. Upon the basis of the Central Banking Law, promulgated in 1995 and amended in 2003, the chapter illustrates the following topics: the legal status of the PBoC, its objectives and tasks, its organisational structure, the independence of the Chinese central bank, the capital and instruments of the PBoC, and its reporting obligations and supervision. The PBoC developed in an environment which is most accurately described as one of managed transition, entailing the gradual transformation of the economic system and allowing a market-oriented framework slowly to grow out of the planned economy. The legal framework creates much flexibility or\u2014from a more formal legal perspective\u2014a particular uncertainty regarding the role of the PBoC, which advanced from a department of the Ministry of Finance to a state organ at ministerial level with growing authority within the hierarchy of the Chinese party-state. When it comes to the question of the independence of the PBoC, the prevailing opinion in the academic literature is that the Chinese central bank\u2019s independence is in a critical situation, given its subordinate status to the State Council. Nevertheless, the rising authority of the PBoC in China has marked a significant change in Chinese monetary institutions and policy.", 
    "editor": [
      {
        "familyName": "R\u00f6vekamp", 
        "givenName": "Frank", 
        "type": "Person"
      }, 
      {
        "familyName": "B\u00e4lz", 
        "givenName": "Moritz", 
        "type": "Person"
      }, 
      {
        "familyName": "Hilpert", 
        "givenName": "Hanns G\u00fcnther", 
        "type": "Person"
      }
    ], 
    "genre": "chapter", 
    "id": "sg:pub.10.1007/978-3-319-17380-1_2", 
    "inLanguage": [
      "en"
    ], 
    "isAccessibleForFree": false, 
    "isPartOf": {
      "isbn": [
        "978-3-319-17379-5", 
        "978-3-319-17380-1"
      ], 
      "name": "Central Banking and Financial Stability in East Asia", 
      "type": "Book"
    }, 
    "name": "History and Legal Framework of the People\u2019s Bank of China", 
    "pagination": "11-24", 
    "productId": [
      {
        "name": "doi", 
        "type": "PropertyValue", 
        "value": [
          "10.1007/978-3-319-17380-1_2"
        ]
      }, 
      {
        "name": "readcube_id", 
        "type": "PropertyValue", 
        "value": [
          "27da37036b420d7fd9a44aa26b1bcb5ee8cacb34f11965201617d57ef4d03f43"
        ]
      }, 
      {
        "name": "dimensions_id", 
        "type": "PropertyValue", 
        "value": [
          "pub.1008365354"
        ]
      }
    ], 
    "publisher": {
      "location": "Cham", 
      "name": "Springer International Publishing", 
      "type": "Organisation"
    }, 
    "sameAs": [
      "https://doi.org/10.1007/978-3-319-17380-1_2", 
      "https://app.dimensions.ai/details/publication/pub.1008365354"
    ], 
    "sdDataset": "chapters", 
    "sdDatePublished": "2019-04-15T10:17", 
    "sdLicense": "https://scigraph.springernature.com/explorer/license/", 
    "sdPublisher": {
      "name": "Springer Nature - SN SciGraph project", 
      "type": "Organization"
    }, 
    "sdSource": "s3://com-uberresearch-data-dimensions-target-20181106-alternative/cleanup/v134/2549eaecd7973599484d7c17b260dba0a4ecb94b/merge/v9/a6c9fde33151104705d4d7ff012ea9563521a3ce/jats-lookup/v90/0000000001_0000000264/records_8659_00000014.jsonl", 
    "type": "Chapter", 
    "url": "http://link.springer.com/10.1007/978-3-319-17380-1_2"
  }
]
 

Download the RDF metadata as:  json-ld nt turtle xml License info

HOW TO GET THIS DATA PROGRAMMATICALLY:

JSON-LD is a popular format for linked data which is fully compatible with JSON.

curl -H 'Accept: application/ld+json' 'https://scigraph.springernature.com/pub.10.1007/978-3-319-17380-1_2'

N-Triples is a line-based linked data format ideal for batch operations.

curl -H 'Accept: application/n-triples' 'https://scigraph.springernature.com/pub.10.1007/978-3-319-17380-1_2'

Turtle is a human-readable linked data format.

curl -H 'Accept: text/turtle' 'https://scigraph.springernature.com/pub.10.1007/978-3-319-17380-1_2'

RDF/XML is a standard XML format for linked data.

curl -H 'Accept: application/rdf+xml' 'https://scigraph.springernature.com/pub.10.1007/978-3-319-17380-1_2'


 

This table displays all metadata directly associated to this object as RDF triples.

82 TRIPLES      23 PREDICATES      29 URIs      20 LITERALS      8 BLANK NODES

Subject Predicate Object
1 sg:pub.10.1007/978-3-319-17380-1_2 schema:about anzsrc-for:18
2 anzsrc-for:1801
3 schema:author N24318332f36b4c2a9276dfc27ec21fe8
4 schema:citation sg:pub.10.1007/978-3-319-03062-3_2
5 https://doi.org/10.4159/harvard.9780674073593
6 schema:datePublished 2015
7 schema:datePublishedReg 2015-01-01
8 schema:description This chapter gives a short overview on the history of the People’s Bank of China (PBoC), the central bank of the People’s Republic of China, and introduces its legal environment. Upon the basis of the Central Banking Law, promulgated in 1995 and amended in 2003, the chapter illustrates the following topics: the legal status of the PBoC, its objectives and tasks, its organisational structure, the independence of the Chinese central bank, the capital and instruments of the PBoC, and its reporting obligations and supervision. The PBoC developed in an environment which is most accurately described as one of managed transition, entailing the gradual transformation of the economic system and allowing a market-oriented framework slowly to grow out of the planned economy. The legal framework creates much flexibility or—from a more formal legal perspective—a particular uncertainty regarding the role of the PBoC, which advanced from a department of the Ministry of Finance to a state organ at ministerial level with growing authority within the hierarchy of the Chinese party-state. When it comes to the question of the independence of the PBoC, the prevailing opinion in the academic literature is that the Chinese central bank’s independence is in a critical situation, given its subordinate status to the State Council. Nevertheless, the rising authority of the PBoC in China has marked a significant change in Chinese monetary institutions and policy.
9 schema:editor N8cf6119f11564b4e8f364429a4dd931f
10 schema:genre chapter
11 schema:inLanguage en
12 schema:isAccessibleForFree false
13 schema:isPartOf N3beb59670d45421882f94603f53fb432
14 schema:name History and Legal Framework of the People’s Bank of China
15 schema:pagination 11-24
16 schema:productId N82c72093740b4588ab4a9cbdf17d8b58
17 N9a17475f60344cd5938fa7ca5130b029
18 Nba5142f0b35c47fc8121d514a6fd2f2f
19 schema:publisher N6fd9a97ae91c498da5347a51c483ba8c
20 schema:sameAs https://app.dimensions.ai/details/publication/pub.1008365354
21 https://doi.org/10.1007/978-3-319-17380-1_2
22 schema:sdDatePublished 2019-04-15T10:17
23 schema:sdLicense https://scigraph.springernature.com/explorer/license/
24 schema:sdPublisher N13ffc716bde542cda0db7f65e504592f
25 schema:url http://link.springer.com/10.1007/978-3-319-17380-1_2
26 sgo:license sg:explorer/license/
27 sgo:sdDataset chapters
28 rdf:type schema:Chapter
29 N0dc6689fb1704547ac2a0122fbcc4b28 rdf:first N9c715ade44d14723850df3bb9b44b885
30 rdf:rest Nece04d40a33c45fdbd06f38583573699
31 N13ffc716bde542cda0db7f65e504592f schema:name Springer Nature - SN SciGraph project
32 rdf:type schema:Organization
33 N24318332f36b4c2a9276dfc27ec21fe8 rdf:first sg:person.07431737717.20
34 rdf:rest rdf:nil
35 N3beb59670d45421882f94603f53fb432 schema:isbn 978-3-319-17379-5
36 978-3-319-17380-1
37 schema:name Central Banking and Financial Stability in East Asia
38 rdf:type schema:Book
39 N5d918dc113614b30bef0c44e08239fe3 schema:familyName Hilpert
40 schema:givenName Hanns Günther
41 rdf:type schema:Person
42 N6fd9a97ae91c498da5347a51c483ba8c schema:location Cham
43 schema:name Springer International Publishing
44 rdf:type schema:Organisation
45 N82c72093740b4588ab4a9cbdf17d8b58 schema:name readcube_id
46 schema:value 27da37036b420d7fd9a44aa26b1bcb5ee8cacb34f11965201617d57ef4d03f43
47 rdf:type schema:PropertyValue
48 N8cf6119f11564b4e8f364429a4dd931f rdf:first Ndad8a12a6dbc435f9580b4bb35fed367
49 rdf:rest N0dc6689fb1704547ac2a0122fbcc4b28
50 N9a17475f60344cd5938fa7ca5130b029 schema:name dimensions_id
51 schema:value pub.1008365354
52 rdf:type schema:PropertyValue
53 N9c715ade44d14723850df3bb9b44b885 schema:familyName Bälz
54 schema:givenName Moritz
55 rdf:type schema:Person
56 Nba5142f0b35c47fc8121d514a6fd2f2f schema:name doi
57 schema:value 10.1007/978-3-319-17380-1_2
58 rdf:type schema:PropertyValue
59 Ndad8a12a6dbc435f9580b4bb35fed367 schema:familyName Rövekamp
60 schema:givenName Frank
61 rdf:type schema:Person
62 Nece04d40a33c45fdbd06f38583573699 rdf:first N5d918dc113614b30bef0c44e08239fe3
63 rdf:rest rdf:nil
64 anzsrc-for:18 schema:inDefinedTermSet anzsrc-for:
65 schema:name Law and Legal Studies
66 rdf:type schema:DefinedTerm
67 anzsrc-for:1801 schema:inDefinedTermSet anzsrc-for:
68 schema:name Law
69 rdf:type schema:DefinedTerm
70 sg:person.07431737717.20 schema:affiliation https://www.grid.ac/institutes/grid.461770.3
71 schema:familyName Pißler
72 schema:givenName Knut Benjamin
73 schema:sameAs https://app.dimensions.ai/discover/publication?and_facet_researcher=ur.07431737717.20
74 rdf:type schema:Person
75 sg:pub.10.1007/978-3-319-03062-3_2 schema:sameAs https://app.dimensions.ai/details/publication/pub.1020364220
76 https://doi.org/10.1007/978-3-319-03062-3_2
77 rdf:type schema:CreativeWork
78 https://doi.org/10.4159/harvard.9780674073593 schema:sameAs https://app.dimensions.ai/details/publication/pub.1099286475
79 rdf:type schema:CreativeWork
80 https://www.grid.ac/institutes/grid.461770.3 schema:alternateName Max Planck Institute for Comparative and International Private Law
81 schema:name Max Planck Institute for Comparative and International Private Law
82 rdf:type schema:Organization
 




Preview window. Press ESC to close (or click here)


...