This paper aims to explore the nonlinear relation between investments and GDP. The method of neural network is used to construct two nonlinear models of GDP in relation to domestic investments, foreign direct investments and real interest rate. The results show that the two neural models present...

Since 2011 China attempts to internationalise its currency by allowing more cross-border trade to be settled in renminbi (RMB). Via the so-called RMB Trade Settlement Scheme trade partners are able to pay and to be paid in RMB offshore. Due to the mostly closed mainland (onshore) market, both...

We consider the production/inventory control for a recoverable system with stochastic demand and returns where stock is replenished by manufacturing new items or remanufacturing returned items. The optimal control policy found by solving a Markov decision process (MDP) for a given problem...