This article discusses China's initiatives and strategies concerning free trade agreements (FTAs). China has made considerable progress since 2000 in advancing framework agreemetns with a number of economies and regions. (Chin Econ/NIAS-Han)

This article explores the imbalance between China's booming real estate market and the stock market, which has plunged over four years. Our empirical analysis shows that the two markets are systematically negatively related due to fund flows. (Chin Econ/NIAS-Han)