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 …

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 …

asset holdings. The model also suggests that capital account liberalization in China may trigger net portfolio outflows as …

trading partners. However, in the medium term, income and consumption will both be higher—a result that is good for China …

Real estate investment accounts for a quarter of total fixed asset investment (FAI) in China. The real estate sectorâ … process relies primarily on collateral, like in China. As a result, the impact on economic activity of a collapse in real …€™s trading partners. Using a two-region factor-augmented vector autoregression model that allows for interaction between China …

China has been moving to a more market oriented financial system, which has implications for the monetary policy … income and the interest rate. For China, we find that the stable long-run relationship between money demand, output, and …