International Finance

Author: Xinyu Hong
Publisher:
Publish Date: 2005-05-01
Features: As a textbook for fundamental theoretical courses in international finance, we strive to achieve the following in the writing process:
First, the basic concepts and principles are accurate and clear. The concepts and theories introduced in the book are determined after extensive comparative analysis of existing domestic and international textbooks, aiming to be concise and precise to help students better grasp the fundamental knowledge of the discipline.
Second, the content strives to reflect the new development dynamics in the field of international finance and keep pace with the times. On one hand, due to the continuous strengthening of economic globalization and the rapid development of modern technology, financial innovation is, and the scale of international financial transactions has grown dramatically. On the other hand, new contradictions and issues are constantly emerging in the field of international finance today, with financial instability intensifying and risks increasing. Therefore, this book strengthens the introduction and analysis of knowledge such as foreign exchange transactions, financial instrument innovation, risk prevention, the international monetary system, and international financial markets. At the same time, with the deepening of China's economic system reform and opening-up, many domestic economic and financial businesses have directly aligned with international standards, leading to changes in China's foreign exchange income and expenditure, distribution management system, and exchange rate formation mechanism. These financial activities are introduced in greater detail in this book to help students better grasp the development dynamics of the field of finance.
Third, we strive to closely integrate theory with practice. To enable students to better understand and master some operational international financial businesses and skills, this book increases the introduction and explanation of business-oriented content such as foreign exchange transactions, the operation of international financial markets, and the analysis of balance of payments statements. It also strives to provide examples for operations and calculations as much as possible, so that students can understand and master the operational methods of international financial businesses, laying a foundation for future work in related fields.