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GHS 208 (Keating) - Summer: Banking and Currency

China's Banking System

The Wall Street Journal puts into perspective the Chinese banking system in a way that is clear and easy to understand. The issues of infrasturture spending and lack of focus on consumer need in China is analysed and possible problems discussed. This video was created in 2013, thus touching on issues in China today.

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This NPR story discusses China's pledge to make its curreny more flexible in 2010. The country is suspected to be keeping the value of their currency artificially low in order to allow for cheaper exports. 

China's Currecny Value

This PBS News Hour video discusses the value of China's curency and how it relates to the American dollar. This value and how it affects financial relations between China and the world, especially the United States, is investigated. The banking system of China is also examined. The PBS Newshour is a reliable source and this particular video was released in 2011.

Journals

Renminbi

 Mi Lu, CC-BY-SA

Renminbi yuan

Books

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