On The Management Of Foreign Exchange At The Present Stage In China's Financial Regulation

The hot money is worldwide flowing short term capital. First knows for the common people, is because "Mexico financial crisis" and "Southeast Asia financial crisis". Hot money plants the special economic form, has become a vigorous development in the economical globalization tide the strength. As the last century emerging thing, in the process which still at forms regarding the hot money theory and the real diagnosis research, may say, has different opinions the phenomenon regarding the hot money appraisal existence. As one kind of objective existence economic phenomena, the hot money has certainly its rationality; As one kind of congenial capital, the hot money directly has also caused the economic society fierce turbulence.Our country is occupying the economic system switcher crucial phase, after added on being WTO entry pledged 2006 should the financial industry comprehensive opening to the outside world, how to the international finance domain complex external environment, already become suspends at our country finance supervisors' duty, but how could adopt the effective method to be supposed to the hot money, also became the realistic question which we have to face. Adopts positive financial regulation, limits the hot money regarding our country entity economy itself harm, opposed carries on the financial liberalization blindly. But simultaneously must encourage the reasonable financial innovation, displays the hot money regarding the capital fluidity and the currency fluid profit and uses for us. This article attempts through embarks to the hot money essence and the manifestation, unifies it to enter our country special details, explores one to suit our country national condition the hot money supervising and managing path.This article altogether divides into six chapters, the first chapter, derives the hot money phenomenon now from the world integration which interactive derives by the world economics; Second chapter, we reviewed the domestic and foreign theorists to the hot money theory research, and nowadays in the worldwide scale has carried on the classification and the induction regarding the hot money correlation theories; Third chapter, we embark from the hot money definition, through to the hot money characteristic, the form inspection which enters, has carried on the survey to our country hot money scale, simultaneously follows the current the mobile angle of view, has studied the hot money regarding a country's currency fluidity and the capital fluid function, and proposed the hot money regarding the economical world advantageous influence; Fourth chapter, we from the hot money angle, hotly have carried on the ponder between financial regulation and the financial liberalization and the dialectical relations; Fifth chapter, we have made the concrete analysis and the elaboration to our country financial supervising and managing department and hot money gambling; Finally inspected our country to carry on the forecast regarding the hot money supervising and managing present situation, and according to the overseas practice with our country reality, how from strengthened exterior regulation, displayed the hot money the advantageous aspect to use for our socialist construction to put forward some policy proposal.