China's current account surplus has declined significantly from its peak in 2008 and the external position in 2018 was … moderation in goods surplus reflecting market saturation and China's faster growth compared with trading partners. Policies … and the financial system to handle more volatile capital flows. From a global perspective, the decline in China's surplus …

Among emerging market currencies, the RMB holds the most potential to become widely used internationally, due to China …

This paper estimates the impact of China''s exchange rate changes on exports of competitor countries in third markets … between China and its developing country competitors in specific products and destinations plays a key role. We exploit the … that a 10 percent appreciation of China''s real exchange rate boosts on average a developing country''s exports of a …

Offshore use of the renminbi expanded rapidly in Hong Kong SAR as China sought to develop an international role for its … currency while maintaining capital controls. This prompts two questions addressed in this paper: How far advanced is renminbi … integration of offshore and onshore markets for the renminbi using a Threshold Autoregression (TAR) model and finds that there are …

carries risks. International experience suggests that China's credit growth is on a dangerous trajectory, with increasing … risks of a disruptive adjustment and/or a marked growth slowdown. Several China-specific factors-high savings, current …

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 effect on …