Thursday, January 11, 2007

Assorted on China


China raises reserve requirements

Zhou v. Spence

China and the Trade Deficit

Chinese accounting- Cultural revolution
“By even the most generous reckoning, the country has fewer than 70,000 practising accountants, trying to do the work of anything from 300,000 to a million bean counters.”


Manufacturing in Asia- The problem with Made in China
Kumar Bhattacharyya, a professor of manufacturing at Britain's University of Warwick, believes the lure of China's burgeoning domestic market will outweigh the various concerns over cost. “Why do people go to India and China? The standard answer is for cheap labour, but most big technology companies go there for the market,” he says.


Recent working papers from IMF
Rebalancing China's Economy: What Does Growth Theory Tell Us?
The Rise of Foreign Investment in China's Banks: Taking stock
Hong Kong Special Administrative Region: Selected Issues

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