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)

Using daily data of four currencies (Japanese Yen (JPY), Euro (EUR), British Pound (GBP) and Australian Dollar (AUD)) in terms of the US Dollar (USD), and JPY, USD, GBP and AUD in terms of the EUR from January 2004 to February 2008, we examine the lead-lag relationship between the Credit Default...

Using daily data of four currencies (Japanese yen, euro, British pound, and Australian dollar) in terms of the U.S. dollar, and these four currencies in terms of the euro from January 2004 to February 2008, we examine the lead-lag relationship between the credit default swap (CDS) market and the...