This paper evaluates the spillovers from U.S. monetary policy to China's domestic interest rates over 1999-2016, focusing on the impacts of long-term interest rate and exchange rate regimes on the capacity of China to moderate external interest rate shocks. We find that China's central bank owns...

The paper empirically examines whether profitable corporates (positive earnings after tax) are also creating value for shareholders measured by EVA (economic value added), particularly in view of the global financial crisis of 2008. In addition, a comparison between India and China, the...