In November 2012, China saw a new team of national political leaders assume office with Xi Jinping at the helm as the general secretary of the Communist Party. Earlier in the same year, Bo Xilai, who had been considered to be a promising candidate for the upcoming new political leadership, was expelled from the Party.
Who becomes a top politician in China?
Ruixue Jia, Masa Kudamatsu, David Seim, 20 August 2013
Protectionist clouds darken sunny forecast for solar power
Jeffrey Frankel, 7 August 2013
On 27 July negotiators reached a compromise settlement in the world’s largest anti-dumping dispute, regarding Chinese exports of solar panels to the EU. China agreed to constrain its exports to a minimum price and a maximum quantity.
Urbanisation and Migration Externalities in China
Pierre-Philippe Combes, Sylvie Démurger, Li Shi, 17 February 2013
Vox readers can download CEPR Discussion Paper 9352 for free here.
Urbanisation and migration externalities in China
Pierre-Philippe Combes, Sylvie Démurger, Li Shi, 9 July 2013
The latest population census conducted in China in November 2010 portrayed a rapidly urbanising country, with the urban population reaching 49.7%, up 13.5 percentage points compared to 2000.
Hopes and false hopes in China’s interest-rate reform
Shang-Jin Wei, 25 June 2013
The Chinese central bank has recently dropped hints that it will quicken the pace of interest-rate reforms towards a market-determined regime. Both inside and outside the country, this has raised hopes of improving efficiency and reducing China’s ‘excessive’ savings and current account surplus.
Firms and credit constraints along the global value chain: Processing trade in China
Kalina Manova, Zhihong Yu , 13 May 2013
The past 20 years of globalisation have witnessed a dramatic expansion in the fragmentation of production across countries. Firms today can not only trade in final goods, but also conduct intermediate stages of manufacturing by importing foreign inputs, processing and assembling them into finished products, and re-exporting these to consumers and distributors abroad.
Finance and growth in China and India: Have firms benefited from the capital-market expansion?
Tatiana Didier, Sergio Schmukler, 6 May 2013
China and India are hard to ignore. Over the past 20 years they have risen as global economic powers, at a very fast pace. By 2012, China has become the second-largest world economy (based on nominal GDP) and India the tenth. Together, they account for about 36% of world population.
Investigating the effect of exchange-rate changes in Japan, China, east Asia, and Europe
Willem Thorbecke, 26 February 2013
Policymakers are concerned about currency wars and competitive devaluations. Many complain that trading partners are artificially lowering their exchange rates through quantitative easing and managed exchange rates in order to gain price competitiveness for their exporters.
China and the end of extrapolation
George Magnus, 31 January 2013
That the Chinese economy is slowing down as it quickly matures should come as no surprise. The global economic conditions of the two decades leading up to the financial crisis were exceptional; things are far more sober now.
Many of China’s development achievements are unrepeatable. Only once can you:
Exchange-rate volatility is a problem for trade … especially when financial development is low
Jérôme Héricourt, Sandra Poncet, 19 January 2013
The increasing volatility of exchange rates after the fall of the Bretton Woods agreements has been a constant source of concern for both policymakers and academics.
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