There are many similarities between the US, the UK and the Chinese housing markets, including the movements of interest rates and house prices. Some Chinese banks, especially the Bank of China, have been exposed to the US mortgage securitization market. These have triggered a serious concern as...

This paper analyzes empirically the relationship between the Shanghai Stock Exchange (SSE) Composite Index and the indexes of 10 Chinese listed banks to test whether the listing of these banks had played a role in leading the Chinese stock market. Using daily prices from 1 June 2006 to 15...

In late 2007, the Chinese Communist Party's 17th Congress outlined a programme of eight key economic policies to address future economic development in China. These policies emphasized 'building a harmonious society' using a 'scientific approach'. The paper assesses whether these policies are...