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, on a theoretical level. Subsequently, it utilizes provincial panel data from China between 2010 and 2019 to investigate …
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China has been moving to a more market oriented financial system, which has implications for the monetary policy … income and the interest rate. For China, we find that the stable long-run relationship between money demand, output, and …
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Offshore use of the renminbi expanded rapidly in Hong Kong SAR as China sought to develop an international role for its …
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KEY ISSUES Context. After three decades of remarkable growth, the economy has been slowing. Much of the slowdown has been structural, reflecting the natural convergence process and waning dividends from past reforms; weak global growth has also contributed. Moreover, since the global financial...
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