In this paper we present evidence as to the effects of the China (Shanghai) Pilot Free Trade Zone (SPFTZ) on China … and capital account liberalization into China's macro policy mix. We employ three methods to test the SPFTZ's impact on … causalities among China's money supply and the foreign interest rates. All these tests give consistent results suggesting that the …

In this paper we present evidence as to the effects of the China (Shanghai) Pilot Free Trade Zone (SPFTZ) on China … and capital account liberalization into China's macro policy mix. We employ three methods to test the SPFTZ's impact on … causalities among China's money supply and the foreign interest rates. All these tests give consistent results suggesting that the …

In this paper we study the determinants of gross capital flows, project the size of China's international investment … recent proposals by the People's Bank of China. Our analysis shows that China's gross international investment positions … of official foreign reserves, China would be able to earn higher net investment incomes from abroad. Overall, China would …