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This book analyzes segments of China's bond market, from sovereign, policy bank, and credit bonds, to the rapidly growing local government bond market.
Author(s): Anoop Singh , Malhar Nabar , and Papa N'Diaye
Publisher: China Financial Economic Publishing House
Publication Date: 19 March 2018
Keywords: Asia, current account, real interest rate, financial reform, real estate, current account surplus
China's current account surplus has declined to around one-quarter the peak reached before the global financial crisis. While this is a major reduction in China's external imbalance, it has not been accompanied by...