Showing 1 - 10 of 7,644
ambition, or COVID-19 induced recession; it is China's fast acceleration in becoming a game changer in the world order that the …
Persistent link: https://www.econbiz.de/10012825152
China introduced yuan-denominated trade settlement in July 2009 to help its exporters avoid exchange rate risk. The … foreign and 10 of those Japanese, have been selected to participate in the pilot program on the mainland China side. Reasons … forward in stages. China's foreign exchange and capital transactions have already been liberalized roughly to the point where …
Persistent link: https://www.econbiz.de/10013141610
Persistent link: https://www.econbiz.de/10014485973
During 2013, the U.S. Treasury Department evoked the first use of the 2001 Patriot Act to exclude virtual currency provider Liberty Reserve from the U.S. financial system. This article will discuss: the regulation of virtual currencies; cybercrimes and payment systems; darknets, Tor and the...
Persistent link: https://www.econbiz.de/10012973517
In this paper we study systemic risk for North America and Europe. We show that banks' exposures to common risk factors are crucial for systemic risk. We come to this conclusion by first showing that relations between North American and European banks are smaller than within each region. We then...
Persistent link: https://www.econbiz.de/10009704666
This paper examines whether multinational banks have a stabilising or a destabilising role during times of financial distress. With a focus on Europe, it looks at how these banks' foreign affiliates have been faring during the recent financial crisis. It finds that retail and corporate lending...
Persistent link: https://www.econbiz.de/10013144271
replaced by a trade in tasks. This paper discusses the trade between China and the Netherlands from that perspective. Using an … augmented gravity model for trade, we find that Dutch in-house offshoring to China and the Dutch distribution function can … the European hinterland for China, while China acts as producer and assembler of goods for the Netherlands. These are …
Persistent link: https://www.econbiz.de/10013122398
This paper demonstrates that the largest business association of private firms in the People's Republic of China (PRC …), the All-China Federation of Industry and Commerce (ACFIC), has induced its members to help achieve the goals of the PRC …
Persistent link: https://www.econbiz.de/10012823224
At a summit meeting in December 2011, China and Japan agreed to improve cooperation on developing their financial …
Persistent link: https://www.econbiz.de/10013105084
This paper discusses the role of Hong Kong in China's grand scheme to build up the RMB as a global reserve currency. We … highlight the economic importance of Hong Kong to China in terms of channeling foreign direct investment into China, some of … which, in the future, will be denominated in the RMB. We discuss the development of China's RMB currency swap and deposit …
Persistent link: https://www.econbiz.de/10013108053