-of-payments, view. They show that what appears to be a global shrinkage of bank positions is actually driven by European banks. These … dataset of banks' affiliates (branches and subsidiaries), we demonstrate that the who (i.e., bank nationality) accounts for … more of the peak-to-trough shrinkage in foreign claims than does the where (i.e., locational factors). We relate bank …

Since the beginning of 1990s, the credit balance of the banking system in mainland China has experienced a big swing … balances are so large that the financial resources have been utilized inefficiently by the banking system. On the eve of China … provided and some possible solutions are given. China's accession to the WTO will present many challenges to the state …