We view the political process in China as trading off the social benefits of increased trade and foreign direct … of this model are estimated using province-level data on foreign direct investment and trade flows in China, over the … China may find it politically difficult to follow through with liberalizing its trade and investment regimes, such as under …

real consumption for a select group of nations in Europe and some large countries like China and Russia, but lower in most …

The 'China shock' operated in part through the housing market, and that is an important reason why the China shock was … as big as it was. If housing prices had not responded at all to the China shock, then the total employment effect of the … China shock would have been reduced by more than one-half. Housing prices in the United States did respond to the China …

In December 2019, the United States and China reached a Phase One trade agreement, under which China committed to …, as compared to 2017. We show that the most efficient way for China to increase its imports from the United States is to … mimic the effect of an import subsidy. If China's agricultural imports did not otherwise grow from their 2017 values, then …

This paper studies how a rise in China's share of U.S. imports could lower pass-through of exchange rates to U … exporters. The model predicts that certain conditions are necessary to facilitate this 'China explanation' for falling pass …-through regressions indicating how to include the China share. Panel regressions over 1993-1999 support the prediction that a high China …

Dooley et al (2003, 2004a,b,c) argue that China seeks to raise urban employment by 10-12 million persons per year, with … conclude that exports have become increasingly important in stimulating employment in China, but that the same gains could be …

In this paper, we develop a simple model of international outsourcing and apply it to processing trade in China. We … observe China's processing exports broken down by who owns the plant and by who controls the inputs the plant processes …. Multinational firms engaged in export processing in China tend to split factory ownership and input control with managers in China …

In this paper, we estimate the benefits to countries that purchase goods from China of having access to intermediary … services provided by Hong Kong. Traders in Hong Kong supply information on markets and producers in China, which provides … China exported to the rest of the world. Our results suggests that gains to intermediary services provided by Hong Kong …