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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
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
This paper argues that the decline in cross-border banking since 2007 does not amount to a broad-based retreat in international lending ("financial deglobalisation"). We show that BIS international banking data organised by the nationality of ownership ("consolidated view") provide a clearer...
Persistent link: https://www.econbiz.de/10012953022
This paper argues that the decline in cross-border banking since 2007 does not amount to a broad-based retreat in international lending (“financial deglobalisation”). We show that BIS international banking data organised by the nationality of reporting banks provide a clearer picture of...
Persistent link: https://www.econbiz.de/10012890515
Persistent link: https://www.econbiz.de/10011944383
We study the role of bilateral political relations in explaining variations in the equity portfolio allocation of foreign institutional investors. Using a large micro sample at the fund-firm-year level, we find that when the relations between two countries become more distant, institutional...
Persistent link: https://www.econbiz.de/10014238304
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
Despite their controversial political relationship, Taiwan and China remain very much entwined economically. This … integration between Taiwan and China. These include trade agreements, foreign direct investment, outsourcing of manufacturing and … Greater China. The considerable political tension between the two countries is also discussed, as are the economic …
Persistent link: https://www.econbiz.de/10010240396