The Trend of China's Money Supply under the New Situation and the Study of Its Implications

Authors

  • Xiaojun Li College of International Economics & Trade, Ningbo University of Finance & Economics, Ningbo 315175, Zhejiang, China Author
  • Yuliang Yang College of Mathematical Sciences, Sichuan Normal University, Chengdu 610066, Sichuan, China Author
  • Qiwei Pang College of International Economics & Trade, Ningbo University of Finance & Economics; Ningbo philosophy and social science key research base "Research Base on Digital Economy Innovation and Linkage with Hub Free Trade Zones"; Zhejiang soft science research base "Digital Economy and Open Economy Integration Innovation Research Base", Ningbo 315175, Zhejiang, China Author https://orcid.org/0000-0002-4155-4013

DOI:

https://doi.org/10.5281/zenodo.13998180

Keywords:

Chinese economy, narrow money, broad money, capital flow

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.

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References

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Published

2024-10-27

Issue

Vol. 2 No. 4 (2024)

Section

Articles

License

Copyright (c) 2024 Xiaojun Li, Yuliang Yang, Qiwei Pang (Author)

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.

How to Cite

Xiaojun Li, Yuliang Yang, & Qiwei Pang. (2024). The Trend of China’s Money Supply under the New Situation and the Study of Its Implications. Global Academic Frontiers, 2(4), 20-34. https://doi.org/10.5281/zenodo.13998180