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China and Australia have increasingly strong links, especially through trade. These are driven by demand from China for … Australian commodities (coal and iron ore) and services (tourism and education). These links are influenced by China's transition …, three risks (both upside and downside) to China during this transition process are considered, focusing on their spillovers …
Persistent link: https://www.econbiz.de/10012913908
markets between China and BRI countries. The validity of purchasing power parity (PPP) implies well-integrated goods markets … financial markets. Our study aims to examine the validity of the PPP and the extent of goods market integration between China … African BRI countries have experienced goods market integration with China during the second-half period only. This indicates …
Persistent link: https://www.econbiz.de/10015063908
vehicle currency. Even though the literature about China is relatively large, no study has scrutinized the asymmetric impacts … of vehicle currency and real effective exchange rate on China’s total trade balance with the entire EU. This research gap … is especially notable in the circumstances that the EU has surpassed the USA to become China’s largest trading partner …
Persistent link: https://www.econbiz.de/10013463127
countries (epitomized by China, Russia, Thailand, but also by Singapore) will be affected by a structural shortage of labour … dimension of its need of foreign labour, and its role in the Belt and Road Initiative it is China that should take the lead of a …
Persistent link: https://www.econbiz.de/10012162988
Asia and China made disproportionate contributions to the slowdown of global trade growth in 2015. China's import … point to weak investment and rebalancing as the main causes of the import slowdown. Spillover effects from China …
Persistent link: https://www.econbiz.de/10012977866
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 …
Persistent link: https://www.econbiz.de/10012711383
Most projections envision continued rapid growth in ASEAN, the PRC and India over the next two decades. By 2030, they could quadruple their output, virtually eliminate extreme poverty, and dramatically transform the lives of their more than 3 billion citizens. The impact will be felt across the...
Persistent link: https://www.econbiz.de/10013065433
Persistent link: https://www.econbiz.de/10013125802
The East Asian monetary integration process is at the crossroads. Given very benign liquidity conditions in the US, the prevailing common US dollar peg has contributed to growing macroeconomic and financial instability in the region. This has sparked demands to embark on an independent monetary...
Persistent link: https://www.econbiz.de/10010436724
As China becomes more closely entwined with the US, positive shocks in the US translate into positive outcomes for … China, but the extent of gain for the US during the convergence process is less clear. We develop an empirical framework of … convergence process both the US and China unambiguously benefit from the catch-up process …
Persistent link: https://www.econbiz.de/10012894229