Reports

11.16.09

The Rise of China’s Auto Industry and Its Impact on the U.S. Motor Vehicle Industry

Rachel Tang
Peony Lui
Congressional Research Service
The automobile industry, a key sector in China’s industrialization and modernization efforts, has been developing rapidly since the 1990s. In recent years, China has become the world’s fastest growing automotive producer. Annual vehicle output has...

Reports

11.02.09

Shades of Red: China’s Debate Over North Korea

International Crisis Group
North Korea has created a number of foreign policy dilemmas for China. The latest round of provocations makes Beijing’s balancing act between supporting a traditional ally and responding to its dangerous brinkmanship more difficult, especially when...

Reports

11.01.09

Macroeconomic Implications for Hong Kong SAR of Accommodative U.S. Monetary Policy

Papa N'Diaye
International Monetary Fund (IMF)
This paper discusses the potential macroeconomic implications for Hong Kong SAR of accommodative monetary policy in the United States. It shows, through model simulations, that a resumption of the credit channel in Hong Kong SAR has the potential to...

Reports

11.01.09

“An Alleyway in Hell”: China’s Abusive “Black Jails’

Human Rights Watch
Since 2003, large numbers of Chinese citizens have been held incommunicado for days or months in secret, unlawful detention facilities. These "black jails" are housed in state-owned hostels, hotels, nursing homes, and psychiatric hospitals...

Reports

11.01.09

Governance and Fund Management in the Chinese Pension System

Gregoro Impavido, Yu-Wei Hu, and Xiaohong Li
International Monetary Fund (IMF)
The Chinese pension system is highly fragmented and decentralized, with governance standards, pension fund management practices, their regulation and supervision varying considerably both across the funded components of the Chinese pension system...

Reports

11.01.09

A Roadmap for U.S.-China Collaboration on Carbon Capture and Sequestration

Asia Society
The United States and China are the world's largest greenhouse gas emitters. Collaboration between the two nations, therefore, offers the greatest opportunity for achieving meaningful reductions in global greenhouse gas emissions. The time is...

Reports

10.01.09

Identifying Near-Term Opportunities for Carbon Capture and Sequestration (CCS) in China

Jingjing Qian, George Peridas, Jason Chen, and Yueming Qiu
Sara Segal-Williams
Natural Resources Defense Council
To avoid the worst consequences of global warming, the world must limit average temperature increases by significantly reducing carbon emissions by 2050. Achieving the urgently needed emission reductions will require efforts beyond first-resort...

Reports

10.01.09

“We Are Afraid to Even Look for Them”: Enforced Disappearances in the Wake of Xinjiang’s Protests

Human Rights Watch
In the aftermath of the July 2009 protests in Xinjiang province, which according to the Chinese government killed at least 197 people, Chinese security forces detained hundreds of people on suspicion of participating in the unrest. Dozens of these...

Reports

09.01.09

What’s the Damage? Medium-term Output Dynamics After Banking Crises

Abdul Abiad, Ravi Balakrishnan, Petya Koeva Brooks, Daniel Leigh, and Irina Tytell
International Monetary Fund (IMF)
This paper investigates the medium-term behavior of output following banking crises, and its association with pre- and post-crisis conditions and policies. The authors find that output tends to be depressed substantially following banking crises,...

Reports

09.01.09

What Drives China's Interbank Market?

Nathan Porter and TengTeng Xu
Sara Segal-Williams
International Monetary Fund (IMF)
Interest rates in China comprise a mix of both market determined interest rates (interbank rates and bond yields), and regulated interest rates (lending and deposit rates), reflecting China's gradual process of interest rate liberalization. We...

Reports

07.16.09

East Asia’s Foreign Exchange Rate Policies

Michael F. Martin
Peony Lui
Congressional Research Service
Financial authorities in East Asia have adopted a variety of foreign exchange rate policies, ranging from Hong Kong’s currency board system which links the Hong Kong dollar to the U.S. dollar, to the “independently floating” exchange rates of Japan...

Reports

07.13.09

Human Rights in China: Trends and Policy Implications

Thomas Lum, Hannah Fischer
Peony Lui
Congressional Research Service
Human rights has been a principal area of U.S. concern in its relations with the People’s Republic of China (PRC), particularly since the violent government crackdown on the Tiananmen democracy movement in 1989. Some policy makers contend that the U...

Reports

07.01.09

Broad Money Demand and Asset Substitution in China

Ge Wu
International Monetary Fund (IMF)
Recent changes to China's financial system, in particular ongoing interest rate liberalization, gradual movement toward a more flexible exchange rate regime, and rapid development of capital markets, have changed substantially the environment...

Reports

06.17.09

Report on the Tri-Provincial and Hubei-Xiaogan-Xiangfan Highway Projects

World Bank
This is a report on the performance of two highway projects in China which were financed by a loan from the World Bank. The Tri-Provincial Highway Project, which links Gansu, Ningxi, and Inner Mongolia, and the Hubei-Xiaogan-Xiangfan Highway Project...

Reports

06.04.09

Taiwan’s Political Status: Historical Background and Ongoing Implications

Kerry Dumbaugh
Peony Lui
Congressional Research Service
In 1979, official U.S. relations with Taiwan (the Republic of China) became a casualty of the American decision to recognize the government of the People’s Republic of China (PRC) as China’s sole legitimate government. Since then, U.S. unofficial...

Reports

06.03.09

China and the Global Financial Crisis: Implications for the United States

Wayne M. Morrison
Peony Lui
Congressional Research Service
Over the past several years, China has enjoyed one of the world’s fastest growing economies and has been a major contributor to world economic growth. However, the current global financial crisis threatens to significantly slow China’s economy...

Reports

05.01.09

China’s $1.5 Trillion Bet: Understanding China’s External Portfolio

Brad W. Setser
He Jianan
Council on Foreign Relations
China is now by far the United States’ largest creditor. Its treasury portfolio recently surpassed that of Japan’s, and it has long held more agency (Fannie Mae, Freddie Mac) bonds than any other country. Never before has a nation as poor as China...

Reports

04.29.09

Implementation Completion and Results Report: Health IX Project

World Bank
China's significant health gains during the 1960s and 1970s earned worldwide recognition. Following onset of economic reforms in the 1980s, however, the primary health care system was weakened, reducing access to both curative and preventive...

Reports

04.24.09

U.S.-Funded Assistance Programs in China

Thomas Lum
Peony Lui
Congressional Research Service
U.S. government support of rule of law and civil society programs in the People’s Republic of China constitutes a key component of its efforts to promote democratic change in China. Other related U.S. activities include participation in official...

Reports

04.17.09

China’s Growing Role in U.N. Peacekeeping

International Crisis Group
Over the past twenty years China has become an active participant in U.N. peacekeeping, a development that will benefit the international community. Beijing has the capacity to expand its contributions further and should be encouraged to do so...