We ask how export demand shocks associated with the Asian financial crisis affected Chinese exporters. We construct … outcomes. We find that firms whose export destinations experience greater currency depreciation have slower export growth, and … that export growth leads to increases firm productivity and other firm performance measures. Consistent with quot …

on trade. In addition, shocks to credit supply constrained export supply further exacerbating the decline in trade. Most …

Motivated by growing concerns about the risks and instability of China's financial system, this article reviews several … commonly perceived financial risks and discusses their roots in China's politico-economic institutions. We emphasize the need … to evaluate these risks within China's unique economic and financial systems, in which the state and non-state sectors …

China in the coming years. China had been a prime example of exported growth, benefiting from learning by doing, and by … with hidden but growing costs and distortions. The Chinese export-led growth path has been challenged by its own success …, and the Global Financial Crisis forced China toward rebalancing, which is a work in progress. Reflecting on the …