syndicated loans to corporate borrowers in China. In line with theoretical literature, ownership concentration of the borrowing … foreign banks relative to local banks in China. Moreover, it appears that increased financial leverage discourages foreign …

This paper studies the wealth channel in China. Using the structural vector autoregression method, we find that a … loosening of China's monetary policy indeed leads to higher asset prices, which in turn are linked to household consumption …. However, the importance of the wealth channel as a part of the monetary policy transmission mechanism in China is still …

The paper models monetary policy in China using a hybrid McCallum-Taylor empirical reaction function. The feedback rule … investigation finds that monetary policy in China has, on average, accommodated inflationary developments. But exchange rate shocks …

Chinese exchange rate policy. We find it advisable and viable for China to form a basket currency with a diversified portfolio … potential for China to engage in currency diversification, which will not necessarily affect the dollar's position …

This paper examines the evolving role of reserve requirements as a policy tool in China. Since 2007, the Chinese …-market operation instruments in this period of rapid FX accumulation. China's reserve requirement system has also become more complex … and credit policy. The preference for using reserve requirements reflects the size of China's FX sterilization task and …

appraise the weak development of bond market in China. We test if flotation costs, asymmetries of information, and …

We examine the transition process from a centrally planned to a market-based monetary system in China, with the …