This paper reviews the steps that China has taken towards financial reform with a particular focus on capital account …, China's debt has doubled, reaching levels that are clearly above those of most emerging markets. This increases the risks … embedded in financial reform and, in particular, capital account liberalisation. At this juncture, however, China has no option …

With the trade conflict between the United States and China bringing China-US strategic competition into the open, the …-led trade war against China and its immediate consequences for China, the US and the EU. Although protectionism can never be … growth enhancing, European companies could see gains if the trade confrontation between China and the US ends up reducing …