, the euro and the Chinese renminbi (RMB). It focuses on what we call China’s" dominance hypothesis", i.e. whether the … renminbi is already the dominant currency in Asia, exerting a large influence on exchange rate and monetary policies in the … global financial crisis. These results are consistent with China’s dominance hypothesis and with the view that the …

This paper analyzes the consequences of the internationalization of the Chinese renminbi for the global monetary system … moderate the perceived need for insurance, and China would have to loom large in both solutions. …

In this Paper, we provide a case study of the impact of globalization on income inequality using data across Chinese … demonstrate a greater decline in urban-rural income inequality. Thus, globalization has helped to reduce, rather than increase …, the urban-rural income inequality. This pattern in the data suggests that inferences based solely on China's national …

In 2009, the United States imposed additional tariffs for a three-year period on imports of automotive tires from China … under a special-safeguard provision included in China’s Protocol of Accession to the WTO. China challenged the measure in … in which an accession protocol was used successfully as a defense; and the first that China lost as a complaining party …

This Paper reviews the controversy over China’s exchange rate regime. Placing the issue in the context of the … literature on exit strategies, it argues that now is the best time for China to exit from its peg. Moving to a managed float …

Import competition from China is pervasive in the sense that for many good categories, the competitive environment that …. This paper quantifies the effect of the government-controlled appreciation of the Chinese renminbi vis-à-vis the USD from …. Simulations incorporating these microeconomic findings reveal that a substantial revaluation of the renminbi would result in a …

curve for China and show that the output gap, the exchange rate, and inflation expectations play important roles in … relevant to policies regarding possible exchange rate liberalization in China. …

In the face of huge balance of payments surpluses and internal inflationary pressures, China has been in a classic … conflict between internal and external balance under its dollar currency peg. Over the longer term, China’s large, modernizing …

China and its other trading partners manipulate their exchange rates, and (b) the nature of the Chinese exchange rate regime … bilateral deficit, though other variables also turn out to be quite important. On the issue of China's de facto exchange rate …

transparency or illiquidity. However, several of the important announcements concerning the international swap programs …