Subordination of business to political influence has remains pervasive in China. We construct a Schumpeterian …, and total factor productivity (TFP) using firm-level data for China between 1998 and 2007. We find, consistent with the …

model has relevance to the current situation in China where services remain unliberalized and tariff rates are bound in the … intellectual counter argument to those presently advocating a free Renminbi float for China. …

Since the 2008 global financial crisis, China has rolled out a number of initiatives to actively promote the … currency composition of China's international assets and liabilities. These factors include, among others, underlying valuation …

than before. That is, capital controls in China are still substantial and effective. In addition to exchange rate changes …

, Chinese firm-level data from the National Bureau of Statistics of China (NBSC), and Chinese customs data strongly supports the …

China has been provoked into speeding renminbi internationalization. But despite rapid growth in offshore financial … could attract even more hot money inflows, the People's Bank of China should focus on tightly stabilizing the yuan/ dollar … exchange rate to encourage naturally high wage increases for balancing China's international competitiveness. …

results quantify the role of regional factor markets in firm productivity and location. Considering modern China as a large …

euro-dollar rate, whatever the exchange-rate regime of China. Moving to a dynamic, stock-flow framework, we show that the … shock. -- China ; yuan ; exchange-rate regime ; euro ; dollar …

analysis reveals a rising low-income country trade share around and after China's accession to the World Trade Organization …