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 …

and imports from China have lower stock and bond returns but higher default risks in the short time window around the … concern over the "Trade War" between the US and China. We evaluate the market responses to this event for firms in both … countries, depending on their direct and indirect exposures to US-China trade. US firms that are more dependent on exports to …

While China has signed non-legally binding Belt and Road Initiative (BRI) agreements with more than 100 countries, the … that China’s BRI facilitates economic integration between China and relationship countries …