Burdekin, Richard C. K.; Tao, Ran - In: Asia and the global economy : AGE 2 (2022) 2, pp. 1-17
China's rapidly growing role in the world economy has been accompanied by rising bilateral trade with Australia and the Association of Southeast Asian Nations (ASEAN group) as well as expanded offshore renminbi (RMB) markets in the region. Using a Markov-switching analysis that allows for...