Since the 2008 global financial crisis, China has rolled out a number of initiatives to actively promote the … currency composition of China's international assets and liabilities. These factors include, among others, underlying valuation …

undervaluation, the results are not significant in the statistical sense. We also note that China is playing an important economic … from foreign countries and short-run considerations may have undesirable effects on the economies of China and the Asian …

factors, and combine them with monetary policy targets (output gap and inflation) into a vector autoregression (VAR) for …

up appreciation pressure on a fixed exchange regime in a partially-open economy such as China. A deregulated market …

This report identifies a set of policy lessons for China today drawn from the experience of financial deregulation … exercise. Based on the Scandinavian experience and the added complexity of China¡¦s status as a transition economy, financial …

on the economies of both mainland China and Hong Kong. It focuses on the sequencing of Renminbi¡¦s full convertibility … restrictions on capital/financial account convertibility in China. There is still a long way to go before these restrictions can be … convertibility. However, the Renminbi may not become a fully convertible currency within the five years after China¡¦s accession to …

displays considerable persistence. Our analysis provides evidence that the knock-on effects from China¡¦s currency forwards …

The value of China's currency, the renminbi (RMB), and the conduct of China's exchange rate policy have generated …