This staff report on People’s Republic of China 2013 Article IV Consultation highlights macroeconomic developments … and outlook. China has maintained robust growth since the global crisis, but the heavy reliance on credit and investment …

Offshore use of the renminbi expanded rapidly in Hong Kong SAR as China sought to develop an international role for its …

Interest rates in China comprise a mix of both market determined interest rates (interbank rates and bond yields), and … regulated interest rates (lending and deposit rates), reflecting China's gradual process of interest rate liberalization. We …

This paper uses the Shapley Value decomposition technique to assess the factors behind the rise of inequality in China …. It finds that, in many ways, inequality may have been an inevitable by-product of China’s investment and export …. Across China’s provinces, divergences in per capita incomes are driven by the relative level of capital-intensity, public …

This paper studies structural changes underlying China's remarkable and unprecedented growth in recent years. While … patterns of structural transformation across China's provinces are broadly in line with international experience, one important … labor productivity in the rest of the economy and services has widened across China's provinces as they have moved from low …