rates and house prices. Some Chinese banks, especially the Bank of China, have been exposed to the US mortgage … replicated in China. This paper shows that there are some significant differences between China and the West, especially the US … and the UK. Compared with the US and other western industrialized economies, the booming house market in China has been …

find that import and domestic consumptions are complements in China, but substitutes in Japan and Korea. Different per … capita incomes and consumer behaviors between China and the other two countries are two possible reasons for different … exchange rate adjustments in China …