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The Chinese pension system is highly fragmented and decentralized, with governance standards, pension fund management practices, their regulation and supervision varying considerably both across the funded components of the Chinese pension system and across provinces. This paper describes the...
Persistent link: https://www.econbiz.de/10012677497
Consumption in China is unusually low and has continued to decline as a share of GDP over the past decade. A key policy …
Persistent link: https://www.econbiz.de/10012677533
Over the past decade, China's growth model has become more reliant on investment and its footprint in global imports … has widened substantially. Several economies within China's supply chain are increasingly exposed to its investment …-led growth and face growing risks from a deceleration in investment in China. This note quantifies potential global spillovers …
Persistent link: https://www.econbiz.de/10012677549
We present a stylized real model of the Chinese economy with the objective of explaining two features: (1) domestic production is highly competitive in the sense that an accumulation of capital that raises the marginal product of labor elicits increases in employment and output rather than only...
Persistent link: https://www.econbiz.de/10012677576
explaining China's and India's growth. Specific financial sector policies are shown to map well the size and changes in the … investment wedge. In the case of China, nonperforming loans, borrowing constraints, and uncertainty over changes in government …
Persistent link: https://www.econbiz.de/10012677577
From 1995 to 2005, the average urban household saving rate in China rose by 7 percentage points, to ¼ of disposable …
Persistent link: https://www.econbiz.de/10012677609
This paper provides an overview of the new Securities Law (“the Law”) of the People’s Republic of China, promulgated at …
Persistent link: https://www.econbiz.de/10014928619
”, based on fieldwork in the Nanchang Telecommunications Office of China. Trial results from several posts and … telecommunications offices in China in recent years have positively shown that the Cause‐Classified Control Chart is an effective tool …
Persistent link: https://www.econbiz.de/10014928676
simultaneously in Mainland China (A‐shares) and Hong Kong (H‐shares). Their financial statements, prepared based on the accounting … and disclosure regulations in China and Hong Kong (or International Accounting Standards, IASs) over the period of 1995 …
Persistent link: https://www.econbiz.de/10014928679
The organisational framework for the development of auditing in China evolved from government audit, internal audit and …. By the mid 1990s, China’s independent auditing standards were being issued, incorporating the General Independent … international standards, nevertheless reflected China’s unique transition to a market economy. However, there are a number of issues …
Persistent link: https://www.econbiz.de/10014928744