In this paper, we examine Hong Kong's role in intermediating trade between China and the rest of the world. Hong Kong … distributes a large fraction of China's exports. Net of customs, insurance, and freight charges, re-exports of Chinese goods are … higher for differentiated products, products with higher variance in export prices, products sent to China for further …

The China (Shanghai) Pilot Free Trade Zone (SPFTZ) founded one year ago is a trial for China's new round of reform and … also make a preliminary assessment of the SPFTZ's initial impacts, especially of its impact on China's capital account … replicated in China will give rise to a more balanced Chinese economy in the following decade …

In this paper we present evidence as to the effects of the China (Shanghai) Pilot Free Trade Zone (SPFTZ) on China … and capital account liberalization into China's macro policy mix. We employ three methods to test the SPFTZ's impact on … causalities among China's money supply and the foreign interest rates. All these tests give consistent results suggesting that the …

factor costs, China's economic geography as it influences trade costs, as well as the degree of regional diversity in … China in the 19th century were relatively low …