In a country such as China, which maintains strict controls on foreign exchange and frequently intervenes in the … not occurring in China? A possible explanation is that, due to certain structural reasons, the equilibrium real exchange … rate for China is considerably lower than that of other developing countries. Taking this hypothesis as our point of …

In a country such as China, which maintains strict controls on foreign exchange and frequently intervenes in the … not occurring in China? A possible explanation is that, due to certain structural reasons, the equilibrium real exchange … rate for China is considerably lower than that of other developing countries. Taking this hypothesis as our point of …

China is well-placed to avoid the so-called “middle-income trap” and to continue to converge towards the more advanced …

China is well-placed to avoid the so-called “middle-income trap” and to continue to converge towards the more advanced …

With the aid of an analytical framework of the Lewis model revised to reflect the experience of China, this paper … China’s growth as achieved during the course of economic reform and the opening-up of the country: the exploitation of the … the approaching turning point in China’s economic development and examines a host of challenges facing the country in …

China …