Under the current tendency toward excess liquidity, China's monetary policy is becoming more difficult to manage. This … paper explains the specific monetary policy tools available to China's central bank, the People's Bank of China (PBC), and …

Our paper attempts to enhance the understanding of China's monetary policy rule, which may help explain the country … aim to shed light on the role of inflation in the conduct of monetary policy by the People's Bank of China (PBC) in the … monetary policy index (MPI) in China by combining quantity, price and administrative instruments and estimate a hybrid …

Alarmed by the persistent and large US trade deficit vis-à-vis China and the rapidly swelling Chinese foreign exchange … of the present international economy and of China's financial system. Indeed, the record growth of China's exports to the … US stems largely from joint ventures and affiliates of multinational enterprises; exports attributed to China usually …

provides an important role model for China, this paper studies the role of the yen/dollar exchange rate for Japanese monetary …

China and India have both attempted distorting the exchange rate in order to foster exports-led growth. This is … in real terms) in both India and China. We find that through the great business cycle boom of the early 2000s, both …