the short- and long-term perspectives. Thus, it is worth diversifying between these two currency groups. …

The People's Republic of China (PRC)'s current account surplus, its growing foreign exchange reserves, and its shifting …

China is both a major trading partner of the United States and the largest official holder of U.S. assets in the world … article explains the reasons for this large decline in official assets, what China's policy choices are, and how these choices …

China is both a major trading partner of the United States and the largest official holder of U.S. assets in the world … article explains the reasons for this large decline in official assets, what China's policy choices are, and how these choices …

Current account deficits in the United States (US) and current account surpluses in East Asia are an enduring part of … the global economic landscape. They are supported by low saving in the US and by reserve accumulation in Asia. This paper … argues that this strategy is causing macroeconomic problems for the People's Republic of China (PRC). Inflation is rising …

the People's Republic of China (PRC). Empirical results show that, a 1% nominal appreciation of the yuan would result in a … that the dollar is used as a dominant invoicing currency for the PRC's exports to Japan. After controlling the currency …

People's Republic of China (PRC). Empirical results show that, a 1% nominal appreciation of the yuan would result in a 0 … dollar is used as a dominant invoicing currency for the PRC's exports to Japan. After controlling the currency invoicing …