, prompted by large and sustained current account deficits in the U.S. and counterpart surpluses in China, Germany, and among … many of the oil producers. This paper focuses on the current state of the external imbalance in China, examining the … factors underlying the post-2008 drop in China’s current account surplus and analyzing the prospects for the external surplus …

The assessment report on the observance of China’s compliance with the Committee for Payment and Settlement System … executed at the China Foreign Exchange Trade Center. Domestic payments are handled through a diverse variety of payment systems …, mainly operated by the People's Bank of China, except for cards and some local clearinghouses. Real-time remittances, bills …

-International Organization of Securities Commissions recommendations for China’s Securities Settlement Systems and Central Counterparties is …

This paper discusses a detailed assessment report on the observance of China’s compliance with the International … semigovernment authorities. The China Securities Regulatory Commission has the ability to share public and nonpublic information with …

A detailed assessment report on the observance of China’s compliance of Basel Core Principles for effective banking … supervision is presented. Regulation and supervision of China’s banking system has made impressive progress in the past few years …, led by an activist, forward-looking regulator, the China Banking Regulatory Commission, with a clear safety and soundness …

This paper presents a detailed assessment report on the observance of China’s compliance with the International … Association of Insurance Supervisor's insurance core principles. The China Insurance Regulatory Commission employs a rules …

Mainland China have started to weigh on Hong Kong''s growth prospects. Against this backdrop, this paper aims to quantify the … trade and financial spillovers on Hong Kong SAR''s economy from a downturn in the euro area and Mainland China. Based on … event of a hard landing in China, the model simulations suggest that Hong Kong SAR would be on a sustained downturn with …

This paper analyzes the evolution of investment in China, its main features, and its key determinants. In recent years …

This paper estimates the impact of China''s exchange rate changes on exports of competitor countries in third markets … between China and its developing country competitors in specific products and destinations plays a key role. We exploit the … that a 10 percent appreciation of China''s real exchange rate boosts on average a developing country''s exports of a …

This paper evaluates the global welfare impact of China''s trade integration and technological change in a quantitative … ""balanced"" one in which China''s productivity grows at the same rate in each sector, and an ""unbalanced"" one in which China … magnitude larger welfare gains when China''s productivity growth is biased towards its comparative disadvantage sectors. We …