China

Russian Roulette, reloaded

European attention will be back to Russia and Ukraine this week, as sanctions are reviewed.  In the meantime, important changes have taken place.

Blogs review: The China slowdown effect

What’s at stake: As China moves from being an economy with surplus labor to an economy with labor shortages, the implications for the global econ

How tight is China’s monetary policy?

There have been definite signs of monetary loosening in China in recent weeks. Nevertheless, for almost a year, the debate continues to rage over whet

How loose is China’s monetary policy?

On the contrary, among the major central banks, the PBC appears to have tightened the most since the global financial crisis, on the basis of both ex-

China's financial liberalisation: interest rate deregulation or currency flexibility first?

Part I discusses three institutional factors favouring a strategy of greater currency flexibility ahead of fuller domestic interest rate liberalisatio

China gingerly taking the capital account liberalisation path

Since China is the number one trading nation, the second largest economy and a large net creditor, the world has a huge stake in how China manages its

Looking past the (West’s) end of the nose

Following the recent IMF annual meetings, and the coincidental declines in global stock markets, gloom is back about the state of the world economy. W

Developing an underlying inflation gauge for China

This paper develops a new underlying inflation gauge (UIG) for China which differentiates between trend and noise, is available daily and uses a broad

A compelling case for Chinese monetary easing

A successful Chinese economy needs both structural reforms on the supply side to enhance potential growth, and a nimble monetary policy to fully explo

Tweaking China’s loan-deposit ratio rule

In the wake of the latest easing of Chinese monetary policy, the CBRC, China’s banking regulator, has recently modified a few details of how it c

Chart: Alibaba IPO underlines rise of Chinese private sector

Alibaba’s coming of age underlines a continuous trend of the last half-decade. For all the fashionable talk of China’s dominant state capitalism&

Are financial conditions in China too lax or too stringent?

The pronounced slowdown in China’s GDP growth in recent years has raised the important question of what might be its principal causes.

Is the BRICS rise over?

The BRICS name is certainly here to stay, and in terms of global governance, their influence is likely to rise as a group because of this development.

China's Ambassador to the EU on the role of emerging markets in WTO

Remarks delivered by Her Excellency the Ambassador of the People's Republic of China to the European Union, Yang Yanyi, at workshop 'The fut

State of the Chinese economy

China's financial liberalisation: interest rate deregulation or currency flexibility first?

In this follow-up, I argue that on top of these structural and institutional factors, there are also three short-term cyclical considerations in favou