The predictive power of the yield curve slope, or the yield spread is well established in the United States (US) and European Union (EU) countries since 1998. However, there exists a gap in the literature on the predictive power of the yield spread on the Chinese economy. This paper provides a...

The study set out to investigate whether China’s rise complements or competes with Africa’s manufacturing sectors, using a system GMM estimator. The findings reveal that imports of intermediate manufactured goods from China boost manufacturing production in African economies but that total...

The predictive power of the yield curve slope, or the yield spread is well established in the United States (US) and European Union (EU) countries since 1998. However, there exists a gap in the literature on the predictive power of the yield spread on the Chinese economy. This paper provides a...

Research on Chinese monetary policy is compelling due to the large size of the economy, the complexity of China’s monetary policy instruments, and diverse goals of the People’s Bank of China. A fundamental and frequently raised question in this context, therefore, is: “what is the main...