China has by far the largest foreign exchage reserves in the world. This article contributes to the understanding of … this extraordinary phenomenon. Before the financial crisis the economic relationship between China and the U.S. always … seemed harmonious. The United States was the main export- and investment market for China. Since the financial crisis China …

China-bashing has become a popular media and political sport. This is largely due to the U.S. trade imbalance and the … belief, by some, that China is responsible for it because it manipulates its currency to hold down the dollar prices of its … the problem of the large trade imbalance that the United States has with China and its relationship to Chinese exchange …

financial under-development to foreign reserve accumulation in some emerging market economies, especially in China. It is argued …

macroeconomic policies. This strategy can also allow absorb external imbalances hence strengthening the foundation of China’s long …