. However, Taipei,China is different from other East Asia economies in several aspects. First, Taipei,China’s industrial … Japanese Kabushiki-gaish. Second, Taipei,China has experienced extraordinary “hollowing-out†of its industrial base as many … firms (both large and SMEs) have moved their manufacturing operation to People’s Republic of China (PRC). This is also …

imbalances. Since the onset of the crisis, the People’s Republic of China and the United States have rebalanced. As a share of …€™s Republic of China, the reduction in its current account surplus post-crisis suggests a structural change. Panel regressions for …