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. Recent findings also indicate that imbalances between the People’s Republic of China (PRC) and the United States are a …
Persistent link: https://www.econbiz.de/10011278034
. Recent findings also indicate that imbalances between the People’s Republic of China (PRC) and the United States are a …
Persistent link: https://www.econbiz.de/10011278082
. Recent findings also indicate that imbalances between the People’s Republic of China (PRC) and the United States are a …
Persistent link: https://www.econbiz.de/10011278129
This paper employs the intertemporal consumption smoothing approach to the current account to measure the effective degree of Chinas international capital mobility during the period 1958-98. In contrast to all previous known country studies using this framework, the hypothesis that capital has...
Persistent link: https://www.econbiz.de/10005207233
Many argue that the yuan needs to appreciate to rebalance the Peoples Republic of Chinas trade. However, empirical evidence on the effects of a CNY appreciation on the Peoples Republic of Chinas exports has been mixed for the largest category of exports, processed exports. Since much of the...
Persistent link: https://www.econbiz.de/10009363842
Enormous trade surpluses are problematic for the Peoples Republic of China (PRC) and the rest of the world. They …
Persistent link: https://www.econbiz.de/10009364000
Just when China’s leaders receive conflicting signals of “overheating” and “below-potential growth”, they encounter … challenges have their roots in China’s inadequate marketization and continued discrimination against the domestic private sector … themselves into nonperforming loans. In partially-reformed China, public-directed investments via the state enterprises tend to …
Persistent link: https://www.econbiz.de/10005062405
Given that the value of China’s currency has been hot topic recently, this paper explores the equilibrium levels of … China’s real and nominal exchange rates. Employing a Johansen cointegration framework, we focus on the behavioral …
Persistent link: https://www.econbiz.de/10005648633
This paper attempts to assess how compatible China is with respect to its dollar-based exchange rate regime. Assessment … endogenous problem in OCA analysis and this view of convergence criteria, the relevant features of China are evaluated against … conditions in China broadly conform to those prevailing in these economies which maintain strong links to the US dollar. …
Persistent link: https://www.econbiz.de/10010602014
In recent years China has experienced two forms of extreme macroeconomic imbalance: an expenditure imbalance in the …; risk of capital loss on the foreign exchange holdings; and the threat of retaliation by China's trading partners. A …
Persistent link: https://www.econbiz.de/10009146904