[Abstract] For Hong Kong, opportunities far outweigh challenges if Shanghai is developed into an international financial center. It will not be marginalized. As two "locomotives" of the financial sector in China, Shanghai and Hong Kong havetheir own
[Abstract] China’s scorching-hot real estate market implies significant country risk, and thus, the following recommendations have been made to minimize such risk: to establish “bad-debts fund for the real
[Abstract] The outbreak of the global financial crisis has raised concerns about the current international monetary system which is based on the U.S dollar, and the voice of reforming the system is getting louder and louder, meanwhile, many Chinese economists have begun to consider the role which RMB can play in the future. As can be seen from the literature in recent years,
[Abstract] The urgent need of dealing with global climate change and finding new impetus of economic growth after the financial crisis, have created great conditions for low-carbon revolution. Low-carbon revolution, which also complies with the trend of technological development, will become the next technology revolution in history. China has the conditions to facilitate low-carbon revolution,
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