This paper examines how retail petrol prices in seven Australia’s capital cities respond to changes in wholesale prices (measured by the terminal gate price (TPG) in each capital city) using dynamic panel cointegration analysis and an asymmetric error correction model. Our results show that in...

The growing trade conflict with the United States has heightened concerns on the progress of China’s economic rebalancing and restructuring from export-led growth strategy to one propelled by domestic consumption. This article examines the role of exports in China’s economic growth in both...

This book examines the success story of Seng Heng Bank (SHB), the successful acquisition of SHB by Industrial and Commercial Bank of China (ICBC), and the continuing sound management and performance of ICBC (Macau). It shows how a loss-making small bank grew into one of the best banks in Macao...