bilateral data for the US vis-a-vis eight Asian developing and emerging countries (India, Indonesia, South Korea, Pakistan, Hong … case of Indonesia. Finally, net equity inflows from India, Indonesia, South Korea, Hong Kong, and Taiwan towards the US …

, due to new lenders such as China as well as the increasing dominance of central banks in global debt markets. Questions of …

We study China's illicit capital flow and document a change in its pattern. Specifically, we observe that China … trade frictions. Our study confirms that China's capital flight pattern and its determinants are affected by the crisis … capital flight. These results highlight the challenges of managing China's capital flight, which requires information on the …

We study the empirical determinants of China's capital flight. In addition to the covered interest differential, our … regression exercise shows that China's capital flight is quite well explained by its own history and covered interest … differentials. The other possible determinants offer relatively small additional explanatory power. It is also found that China …