systems. -- international financial markets ; financial stability ; capital flows ; exchange rates ; China ; India ; Brazil …, India, Brazil, and South Africa (CIBS). Furthermore, we compare the level of financial stability, and the composition and …This paper discusses the movement of capital flows to and from the exchange rate regimes and monetary policies of China …

peers, China and Brazil, to learn from their respective paths and experiences in similar regard. The paper concludes by … EMEs exploiting the opportunity. India also launched its rupee-denominated bond (masala bond) abroad in 2013, seeking to …

, India, Brazil, and South Africa (CIBS). Furthermore, we compare the level of financial stability, and the composition and …This paper discusses the movement of capital flows to and from the exchange rate regimes and monetary policies of China …

financially than the Chinese economy, but China seems to be catching up with India in the wake of the global financial crisis … Chinese money markets, in contrast to the consensus projection that China is likely to experience net private capital outflows …

China's exchange rate regime has undergone gradual reform since the move away from a fixed exchange rate in 2005. The …

nearly 600 billion dollars, while China's official net creditor position to the rest of the world is overstated by about 50 …

Interest rate differentials between China and the rest of the world provide an attractive target for currency carry …

in Chinese firms by nearly 600 billion dollars, while China’s official net creditor position to the rest of the world is …