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In this paper, we present the most comprehensive estimates of China's government balance sheet to date. Based on these … to the Covid-19 pandemic. We find that, at US$12.5 trillion, China has the largest stock of financial assets in the world … over the last decade. This trend can be traced back to the turn of the century when China undertook a major restructuring …
Persistent link: https://www.econbiz.de/10015059248
differences can be partly explained by an economy's geographic distance, political distance, and trade linkages with China …. However, it also reflects the impact of policy measures by the People's Bank of China, including establishing bilateral swap … lines and offshore clearing banks. Both policy measures helped to address offshore RMB liquidity shortages given China …
Persistent link: https://www.econbiz.de/10015059540
This paper presents the first set of contribution agreements that had been finalized with contributors by the time of the operationalization of the Resilience and Sustainability Trust (RST) on October 12, 2022. The six finalized agreements provide for contributions in a total amount of about SDR...
Persistent link: https://www.econbiz.de/10015059664
of China. Successfully containing outbreaks also supported the gradual transition to more targeted and flexible …
Persistent link: https://www.econbiz.de/10015059698
China's equity markets internationalization process started in the early 2000s but accelerated after 2012, when Chinese …
Persistent link: https://www.econbiz.de/10015059718
pandemic, China's growth slowed significantly in 2022. In response to slowing growth momentum, macroeconomic policies … with responsibilities. While China is a world leader in renewable energy, the unbalanced recovery and extreme weather …
Persistent link: https://www.econbiz.de/10015059729
This paper provides new estimates of the housing stock, construction rates and price developments by city tier in China … also update estimates of the size of China's rapidly evolving real estate sector through 2021, allowing one to look at the … construction. We argue that China overall faces imbalances between supply and demand for housing stock, but the problem is …
Persistent link: https://www.econbiz.de/10015060047
This paper presents ways for China to achieve its climate goals while also attain high-quality growth-growth that is … balanced, inclusive, and green. Using a dynamic computable general equilibrium model that is calibrated to China, multiple …
Persistent link: https://www.econbiz.de/10015060257
We study the transmission of conventional monetary policy in China, focusing on the interaction between monetary and …
Persistent link: https://www.econbiz.de/10015060464
China and India already rank among the world's largest economies, and each is moving rapidly toward the center stage of … the global economy. In this process, different priorities have been placed on economic reforms over the past two decades?China …
Persistent link: https://www.econbiz.de/10015060642