Showing 1 - 10 of 440
Exploiting a granular panel dataset that breaks down capital inflows into FDI, portfolio and other categories, and distinguishes between credit to the household sector and to the corporate sector, we investigate the association between capital inflows and credit growth. We find that non-FDI...
Persistent link: https://www.econbiz.de/10011373931
Corporate credit growth in China has been excessive in recent years. This credit boom is related to the large increase …
Persistent link: https://www.econbiz.de/10011715497
This paper examines the leverage, efficiency, and debt-repayment capacity of the Chinese enterprise sector using aggregate and firm level data. The cash coverage of interest expense, in particular, is used as a bridge between enterprise finances and banks'' asset quality in order to develop...
Persistent link: https://www.econbiz.de/10014401604
Over the last decade China's investment in Latin America and the Caribbean (LAC) has increased substantially in volume …, we demonstrate that since mid-2010s China's overseas investment has tilted toward sectors where China has a comparative …. Moreover, China's rising overseas investment can be linked to the rebalancing of Chinese economy, and LAC stands to benefit …
Persistent link: https://www.econbiz.de/10012612332
We explore the global footprint of Chinese banks and compare it with that of other bank nationalities. Chinese banks have become the largest cross-border creditors for almost half of all emerging market and developing economies (EMDEs). Their global reach resembles that of banks from advanced...
Persistent link: https://www.econbiz.de/10012392600
The recent wave of foreign investment in China''s banks and the prospects of further opening of the banking sector … under the WTO agreement suggest that foreign banks are likely to play an increasingly important role in China. This paper … investments in China''s banks have been minority shareholdings with very limited management involvement. The paper concludes that …
Persistent link: https://www.econbiz.de/10014400612
One of the most significant recent developments in world trade has been the entry of China into the World Trade … Organization (WTO). This paper examines the implications of China''s WTO accession for India''s trade, using both econometrics and … computable general equilibrium (CGE) models. The paper analyzes how India stands to lose or gain from China''s WTO entry in terms …
Persistent link: https://www.econbiz.de/10014400923
entry matters more than access to the rest of China, which is consistent with market fragmentation due to underdeveloped …
Persistent link: https://www.econbiz.de/10014400961
, loosely based upon China. We calibrate a benchmark equilibrium, and carry out various counterfactual simulations to analyze …
Persistent link: https://www.econbiz.de/10014401067
considered. As China is a clear example of this pattern, it has been selected to promote understanding of the process …
Persistent link: https://www.econbiz.de/10014395770