Conversation
08.03.17

As China Reins in Capital, What Next for Global Trade?

Yu Zhou & Peter Knaack

China’s Communist Party and its leader, Xi Jinping, are tightening controls on overseas spending by the country’s biggest companies and their highly visible billionaire CEOs. The Wall Street Journal...

Caixin Media
08.25.12

Revamping the Landscape of Forex Flow

Capital flows out of China may be accelerating, a phenomenon commonly associated with waning confidence in a nation’s economy. But the foreign exchange regulator says the change is a step in the right direction.

In the first six months of...

A Real Model of Transitional Growth and Competitiveness in China

International Monetary Fund (IMF)

The authors present a stylized real model of the Chinese economy with the objective of explaining two features: (1) domestic production is highly competitive in the sense that an accumulation of capital that raises the marginal product of labor...

Ending Financial Repression in China

Cato Institute

The consequences of China’s financial repression are easy
to see. By suppressing two key macroeconomic prices—the
interest rate and the exchange rate—and by failing to privatize
financial markets and allow capital freedom, China...