Real estate investment accounts for a quarter of total fixed asset investment (FAI) in China. The real estate sector … process relies primarily on collateral, like in China. As a result, the impact on economic activity of a collapse in real … estate investment in China though a low-probability event would be sizable, with large spillovers to a number of China …

China and Hong Kong SAR during the subprime crisis. Using both univariate and multivariate GARCH models, this paper finds … that China's stock market is not immune to the financial crisis, as evidenced by the price and volatility spillovers from … the United States than China's returns, and past volatility shocks in the United States have a more persistent effec …

We estimate the impact of distinct types of slowdowns in China on countries and firms globally. First, we combine a … structural vector autoregression framework with a broad-based measure of domestic economic activity in China to distinguish … stronger trade links with China; and (iii) spillovers from Chinese supply shocks are stronger than spillovers from demand …

China's equity markets internationalization process started in the early 2000s but accelerated after 2012, when Chinese …

This paper gauges the potential effects on employment of rebalancing China's exportoriented growth model toward … existing and new services as well as reorienting the production of tradable goods toward domestic markets. In China's case … paper shows that while rebalancing China's growth toward a domestic-demand-led economy would likely raise aggregate e …