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Offshore use of the renminbi expanded rapidly in Hong Kong SAR as China sought to develop an international role for its …
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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 …
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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 …
Persistent link: https://www.econbiz.de/10010790266
than in the rest of the economy. Reducing these frictions is essential for achieving the next stage of China's development …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 …
Persistent link: https://www.econbiz.de/10010790282
We extend the Global Projection Model (GPM) to include a separate block for China. China plays an important role in …) mean that a separate treatment of China allows for a better consideration of China, as well as how the rest of emerging …
Persistent link: https://www.econbiz.de/10010790285
asset holdings. The model also suggests that capital account liberalization in China may trigger net portfolio outflows as …
Persistent link: https://www.econbiz.de/10010790306