renminbi, and they can be expected to adopt an increasingly active stance on China's exchange rate policy. …In this Policy Contribution, Jean Pisani-Ferry observes the lack of European interest towards China's exchange policy …

This paper analyses the integration of China and India into the global economy. To this end, it presents estimates from … China’s trade intensity is higher than fundamentals would suggest, whereas the converse is true for India. Second, Chinese …, China’s exports of services tend to complement its exports of goods, while India’s exports are growing only in deregulated …

This paper deals with two related issues: the sustainability of China’s exchange rate regime and the opening up of its … capital account. The exchange rate discussion deliberately passes over the issue of the “equilibrium” value of the renminbi … the renminbi exchange rate should be increasingly determined by market forces and that administrative controls should be …

China is taking a more active role on the world stage, even more so since its rapid and strong recovery from the global … China and abroad. This paper evaluates the current market infrastructure, including the legal and regulatory framework, for … securities trading, clearing and settlement in mainland China, and analyses the policy-making in this field. The paper finds that …

In this paper we provide an overview of the growth model in China and its prospects, taking a medium-run to long …-run perspective. Our main conclusions are as follows. First, the still prevailing producer-biased model of managed capitalism in China …-)escalate once global and domestic economic conditions normalise. Third, the fundamental factors underpinning growth in China are …

and China in the Persian Gulf region, in particular in view of US (mis)handling of local conflicts and China's expanding … power vacuum and opportunity for China to edge in. China has expanding economic involvement in the Gulf and has overtaken … the US as the biggest importer of oil from the GCC. With expanding trade, investment and contract work in the Gulf, China …