Over the past 30 years, China has achieved remarkable long-term economic growth. Using quarterly data, we study the effects of money supply on real output and inflation in China between 1993 and 2008. To this end, we use money supply shocks after filtering out the expected component of the money...

This paper analyzes developments and trends related to China's outward direct and financial investments by examining Chinese firms'overseas acquisitions, China's holdings of US Treasury securities, and the recently formally launched Qualified Domestic Institutional Investor programs. Strategies...

Using a bivariate GARCH model, we examine patterns of information flows for three commodity futures traded in both the developed U.S. market and the emerging China market (copper, soybeans and wheat). For copper and soybeans, the two commodities that are subject to less government regulation and...

Competitive industry position has an impact on firms' export propensity and intensity. The resource-based view and the structure-conduct-performance paradigm of firm behavior are used to investigate whether firms with a competitive industry position through cost leadership or differentiation...

In 2004, China and Hong Kong established a free trade agreement (FTA) called the Closer Economic Partnership Arrangement, intended to phase out all trade barriers to trade and investment between them. This research uses a computational general equilibrium model to evaluate the effects of the FTA...

This article discusses the general characteristics and issues of the privatization programs in China, including constitutional changes, privatization with mergers and acquisitions, ownership structure in China, real estate reforms, and finance (stock market and banking). The challenges of these...

This study discusses issues related to the traditional and new health care systems in China. The driving force behind the traditional health care system was an uncontrollable increase in costs paid by the government. The new health care system requires both the individual and enterprises...

This article explores the imbalance between China's real estate market, which is booming, and the stock market, which has plunged over four years. Our empirical analysis shows that the two markets are systematically negatively related due to fund flows. The plummeting stock indexes are partly...