OECD - In: Financial Market Trends 2006 (2006) 2, pp. 63-85
Over the past few years China has emerged as a major player in the global economy with a pivotal position in global … production, trade and, increasingly, finance. In the context of large imbalances in world growth rates, China has helped sustain … world economic expansion, especially in the Asia Pacific region. China is also an important force in global financial flows …