China has experienced rapid economic growth over the past two decades and is on the brink of eradicating poverty …. However, income inequality increased sharply from the early 1980s and rendered China among the most unequal countries in the … world. This trend has started to reverse as China has experienced a modest decline in inequality since 2008. This paper …

entry matters more than access to the rest of China, which is consistent with market fragmentation due to underdeveloped …

The paper models international spillovers from a hypothetical drop of China's imports as a result of China … shock, which are largely unaccounted for in the existing literature. Such effects include direct spillovers from China on … its trading partners, subsequent spillins among them, and spillbacks on China itself. The paper finds that the network …

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 …

After many years of rapid expansion, China's growth is slowing to more sustainable levels and is rebalancing, with … financial markets. It finds that countries with closer trade linkages with China (Malaysia, Singapore, and Thailand) and net … points in response to a decline in China's growth by 1 percentage point depending on the model used and the nature of the …

This paper finds that financial spillovers from China to regional markets are on the rise. The main transmission … global risk premiums, China's influence on regional markets is not yet to the level of the United States, but comparable to … that of Japan. If China-related shocks are coupled with a rise in global risk premiums, as in August 2015 and January 2016 …