Key Features:These days, the Chinese and Asian economies are the foci of intense discussions on the topics of economic development, exchange rate policy, global imbalances and globalization. The book offers a timely collection of papers addressing some of these hotly debated economic issuesThe...

We examine the empirical determinants of China's outward direct investment (ODI) in Africa using an officially approved ODI dataset and a relatively new OECD-IMF format ODI dataset. China's ODI is found responding to the canonical economic determinants that include the market seeking motive, the...

We study the empirical determinants of China's capital flight. In addition to the covered interest differential, our empirical exercise includes a rather exhaustive list of macroeconomic variables and a few institutional factors. Overall, our regression exercise shows that China's capital flight...