We calculate the return on the major Asian currency denominated long-term government bonds in terms of a basket of the … People's Republic of China's (PRC) imports of goods and services, namely the real return on those assets from the PRC … of Malaysia's government bonds. This result shows that it is desirable for the PRC to substitute Asian currency …

The status of real and financial integration of China, Hong Kong, and Taiwan is investigated using monthly data on one … the parity conditions is shrinking over time. In particular, China and Hong Kong appear to have experienced significant …