The study assesses the level of integration among the three Greater China economies (namely China, Hong Kong, and … Taiwan) and examines the suitability of a Greater China currency union. Currently, the three economies have extensive trade …

We study the empirical determinants of China's capital flight. In addition to the covered interest differential, our … regression exercise shows that China's capital flight is quite well explained by its own history and covered interest … differentials. The other possible determinants offer relatively small additional explanatory power. It is also found that China …