Since the open-up policy at the end of the 1970s, China - the largest single market in Asia - received growing … attention from foreign investors and banks. However, the fragile domestic market and undeveloped financial system in China did … a result, it took several years for most foreign banks to gain a foothold in mainland China. This article demonstrates …

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 …