This paper provides a brief overview of China's capital controls, external asset holdings and the real interest rate …, and analyzes the quantitative effects of China's macroeconomic policies between 2000 and 2015, including capital controls …, interest rate policy, exchange rate policy and fiscal policy, on the dynamics of China's trade balance vis-a-vis the United …

The paper focuses on China's onshore bond market and the drivers of non-resident net portfolio flows into Chinese debt … bond flows into China, static and time-varying models are estimated to explain the importance of various push and pull … factors in the context of China's bond market development. While China-specific pull factors, such as domestic economic growth …