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China & World Economy / 101–120, Vol. 23, No. 1, 2015Vanishing of China’s Twin Surpluses and Its Policy ImplicationsMing Zhang, Xiaofen Tan*AbstractThis paper argues that the twin surpluses in China’s balance of payments will disappear in the future as a result of external and internal structural changes. China’s current account surplus wil......
China & World Economy / 92–107, Vol. 20, No. 4, 2012Emergence of ASEAN, China and India and the Regional ArchitectureYunling Zhang, Minghui Shen*AbstractThe rise of ASEAN, China and India as economic powers is of great significance to regional as well as global economic development. Although their ascendance in the global economy w......
China & World Economy / 60–82, Vol. 22, No. 4, 2014 Role of Institutional Quality in Determining the R&D Investment of Chinese Firms Yixiao Zhou* Abstract This study adds to the understanding of China’s innovation prospects by examining how variations in institutional quality within China impact on the R&D efforts of firms located in ......
China & World Economy / 21–39, Vol. 22, No. 4, 2014 Interest Rate Pass-through in a Dual-track System: Evidence from China Xuejun Jin, Frank M. Song, Yizhong Wang, Yi Zhong* Abstract Using the Phillips–Loretan approach, this paper verifies the degree and speed of pass-through and rigidity of different interest rates in China, as well as the r......
China & World Economy / 45–66, Vol. 22, No. 1, 2014 China’s Import–exchange Rate Linkage: Evidence from the China-bound Exports of Japan and Korea Chan-Guk Huh, Guangyao Zhu* Abstract This paper examines how the China-bound exports of Japan and Korea are related to exchange rates, motivated by the fact that processing trade makes up a ......
Research Center for Corporate Governance...
Research Fellow
Division of Economic Development;Tel: +86（0）10-85195354;E-mail: yuhj@cass.org.cn;hjyu2012@163.com...
China & World Economy / 37–57, Vol. 21, No. 6, 2013 Vertical Spillover Effects of Multinationals on Chinese Domestic Firms via Supplier–Customer Relationships Faqin Lin, Chao Zhang, Lin Wang* Abstract Foreign direct investment (FDI) can benefit domestic firms in the host country. Using firm-level data for China, we find statistically positive......
International Investment
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