China's exchange rate regime has undergone gradual reform since the move away from a fixed exchange rate in 2005. The …

, which is not conducive to countering the impact of external shocks. We show that China's macroeconomic responses to external …

During China's transition toward a more flexible exchange rate, it is essential to further develop its foreign exchange … over-the-counter (OTC) FX derivatives markets already exist in China, it lacks a FX futures market that offers critical … established, it is essential for China to substitute the inefficient documentation requirement of underlying exposures with a new …

This paper estimates the impact of China''s exchange rate changes on exports of competitor countries in third markets … between China and its developing country competitors in specific products and destinations plays a key role. We exploit the … that a 10 percent appreciation of China''s real exchange rate boosts on average a developing country''s exports of a …

changes in China’s exchange rate policy in 2005 and 2010 and employing data on some 6,000 firms in 44 economies. Stock returns … market sentiment and specific trade effects. Expected renminbi appreciation has a positive effect on firms exporting to China … competing with China in their home market but fall for firms importing Chinese products with large imported-input content. There …

Real imports in China have decelerated significantly over the last two years to below 4 percent (yoy) from double …