In recent years wages in China have been rising and the yuan has appreciated, potentially eroding China's cost … advantage in manufactures. This paper explores the evolution of China's relative unit labor costs in manufacturing over 1998 …-2009. Between 1998 and 2003 China's unit labor costs fell, but since 2003 they have increased both absolutely and relative to US …

premier reserve currency by the end of this decade, or early next decade. But China needs to fulfill a number of conditions … preeminence. China seems to be moving steadily in that direction, and renminbi convertibility will proceed apace not least because … it offers China's policymakers a political exit out of its mercantilist growth strategy. The United States cannot in any …

China is a major recipient of foreign investment and has become a major investor internationally. Its active … attracted considerable interest and commentary internationally. China is actively engaged in adjusting and coordinating its … designed to widen access of private capital to investment opportunities within China, and externally in the form of policies …

, namely the People's Republic of China (PRC) and India. The paper also discusses the reforms of institutional (domestic and …

), the People's Republic of China (PRC), and India (collectively, ACI) over the next two decades. By 2030, they could …

Mainland China, focusing on the regulation of listing of PRC firms in Hong Kong, the impact of PRC capital account control on ….- The relationship of regulatory cooperation and competition between securities markets in Hong Kong Mainland China must be … political control of the Chinese government.- Mainland China's foreign exchange control laws severely limit free flow of Chinese …

This paper evaluates the impact of the rise of large emerging manufacturing exporters such as China and India on … based on 3-year average data augmented with country-specific measures of import and export competition from China and India … using instrumental variables. Stronger import competition from China and India leads to stronger income growth in advanced …

asset holdings. The model also suggests that capital account liberalization in China may trigger net portfolio outflows as …

the limited scope of RMB transactions highlights the underdevelopment of China's domestic financial markets and the … prompting many to reassess the likely pace of RMB internationalisation. However, on-balance China's path to RMB …