China is well-placed to avoid the so-called “middle-income trap” and to continue to converge towards the more advanced … economies, even though growth is likely to slow from near double-digit rates in the first decade of this millennium to around 7 …% at the 2020 horizon. However, in order to sustain vigorous growth and improve the well-being of most citizens, renewed …

proliferated ranging from fundamentals such as differences in growth prospects to psychological factors such as herd behaviour, but …

This paper looks at the empirical determinates of foreign currency reserve holdings across a panel of around 130 …, above all in recent years. Among these countries, China and Japan are particularly notable, especially when the deviation …

As a result of reforms and financial sector development, the People’s Bank of China (PBoC) now exerts significant …. Furthermore, interest rates are an important determinant of investment spending in China, via the user cost of capital, and … inflation objective as the nominal anchor. This paper relates to the 2010 OECD Economic Review of China (www.oecd.org/eco/surveys/china …