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| 1 |
ID:
171829
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| Summary/Abstract |
China’s accession to the WTO in 2001 and the subsequent liberalization of its FDI and trade policies have boosted the country’s exports and facilitated its improved participation in regional production networks. This paper builds on the existing literature on production networks by examining some of the recent structural changes in China’s intermediate goods trade with East Asia. Chinese policies to promote technological progress and indigenous innovation have been instrumental in bringing about such change, most of which can be captured by shifts or movements in the nation’s intra-industry trade index for intermediate goods. Two significant findings emerge from the empirical exercise: first, China is progressively reducing its reliance on import of intermediate goods for production and export; and second, the country remains integrated with East Asian economies in several technology-intensive sectors such as machinery and electronic devices.
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| 2 |
ID:
161401
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| Summary/Abstract |
China’s corporate debt has risen sharply since the 2008–09 global financial crisis, although the pace of growth has somewhat moderated due to the authorities’ recent financial deleveraging efforts and regulatory tightening. To address the surging debt problem and elevated corporate leverage, comprehensive structural reforms in the corporate, financial, and fiscal sectors are necessary.
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| 3 |
ID:
059512
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| Publication |
May-Jun 2003.
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| 4 |
ID:
072112
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| 5 |
ID:
152268
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| Summary/Abstract |
This paper examines the policy challenges and dilemmas faced by China’s authorities in balancing exchange rate stability with the policy necessity of monetary autonomy. China will have to move toward greater exchange rate flexibility, particularly as the capital account becomes increasingly liberalized and the government pushes forward with RMB internationalization.
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| 6 |
ID:
170382
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| Summary/Abstract |
This article discusses the role of Singapore in the Belt and Road Initiative (BRI) and its efforts to add value to and complement China's forays into the BRI region. Although Singapore does not have any major BRI-related infrastructure projects on its shores, it is an important regional financing hub and plays a pivotal role as a gateway to the Southeast Asia region, which is a key part of the Maritime Silk Road. Singapore possesses an outstanding business environment that enables it to facilitate investments into Southeast Asia, into which many BRI-related investments are flowing.
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