This paper studies empirically the role of China in the world economy. We examine both the way the Chinese economy … reacts to selected exogenous macroeconomic shocks and the repercussions for the world economy of a shock emanating from China … world economy despite the rapid rise of China in recent years. In this vein, output rises in advanced economies by 1% to 1 …

China employs a unique foreign bank entry model. Instead of allowing full foreign control of domestic banks, foreign …

We study the consequences of CEO turnover announcements on the stock prices of firms in China, where most listed firms …

event of a technology shock, which provides support for policies aiming to increase the consumption share in China. …

for mainland China. In a stochastic modelling framework, the riskiness, rate of increase and persistence of house price …

China’s long insistence on non-interference and sovereignty and frequent criticism of Western interventionism has … contributed to a widely held impression that China lends and invests abroad without attaching policy conditions. This discussion … paper surveys the general policy debate on conditionality in lending, as well as China’s own debate on conditionality. We …

In recent years China has experienced two forms of extreme macroeconomic imbalance: an expenditure imbalance in the …; risk of capital loss on the foreign exchange holdings; and the threat of retaliation by China's trading partners. A …

syndicated loans to corporate borrowers in China. In line with theoretical literature, ownership concentration of the borrowing … foreign banks relative to local banks in China. Moreover, it appears that increased financial leverage discourages foreign …