This paper examines the fiscal and monetary policy options available to China as a sovereign currency-issuing nation … operating in a dollar standard world. We first summarize a number of issues facing China, including the possibility of slower … policy space open to China. …

Local government debt in China is increasing and presents a great threat to China's financial stability. In China … to be shifted from the central government to the local governments. Resolving China's local government debt problem … afford any spending denominated in its own currency, China's central government should bear a greater fiscal burden. …

Reveals the 28 Unique Milestones in China's Financial Industry"Pants with close crotch," "polyandry," and "a tiger in a … significant financial events in the history of New China. Major Issues and Policies in China's Financial Reform is a 3-volume …-depth examination of 28 key financial policies and issues in China over a 60-year timespan. The series combines vivid stories and …

Reveals the 28 Unique Milestones in China's Financial Industry"Pants with close crotch," "polyandry," and "a tiger in a … significant financial events in the history of New China. Major Issues and Policies in China's Financial Reform is a 3-volume …-depth examination of 28 key financial policies and issues in China over a 60-year timespan. The series combines vivid stories and …

Reveals the 28 Unique Milestones in China's Financial Industry"Pants with close crotch," "polyandry," and "a tiger in a … significant financial events in the history of New China. Major Issues and Policies in China's Financial Reform is a 3-volume …-depth examination of 28 key financial policies and issues in China over a 60-year timespan. The series combines vivid stories and …