China and Australia have increasingly strong links, especially through trade. These are driven by demand from China for … Australian commodities (coal and iron ore) and services (tourism and education). These links are influenced by China's transition …, three risks (both upside and downside) to China during this transition process are considered, focusing on their spillovers …

Opinion over the global implications of China's rise is divided between critics, who see it as having developed at the … of trade and reductions to the cost of financing that stem from China's supply of light manufactures, its demand for … linkages via both trade and investment and so helps clarify the international effects of both China's expansion, its high …

paper it is argued that the comparatively integrated global market for long bonds is suggestive of trends in the “world … yields are indeed representative of those in the “world” natural rate. The relationship between these yields and excess … saving in China and Japan is then explored using a VECM that accounts for US monetary policy. The results support a negative …

various monetary regimes, the paper shows that the contribution of China in global rebalancing should primarily rely on … structural policies aiming at reducing aggregate savings in China. The role of the exchange-rate regime would be minor under … today. Finally, relying only on a change in China's monetary regime (without structural reforms) could end up in delaying …