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Opportunities and threats – will China manage its third transition?

Last three decades, China has experienced a stunning economic development, which has transformed the whole county on various levels. Until now, China has followed investment and export led growth and has become the world’s largest manufacturer. However, under the veil of rapid growth, social and economic imbalances have emerged causing a number of serious challenges facing China. Moreover, the Chi

Chinese Financial Assistance in Angola - Promise, Curse or an Uncertain Venture?

China‟s relations with African countries represent a growing trend in international relations and South-South cooperation. One important aspect of these liaisons is China‟s financial assistance and its deployment of resource-backed infrastructure loans. Angola is China‟s biggest supplier of oil, whereas China is Angola‟s largest donor, having provided Angola with 7.4 billion dollars in credit line

Cointegration between the Chinese and US stock markets

This paper conducts an empirical study on the relationship between the emerging financial market of China and the developed market of the US, both during and after the 2007-2009 financial crisis. Stock indices from the two countries are analysed to examine whether there exist any comovements between the different equity markets. Econometric time series testing of weekly stock values indicate that

The effect of Chinese imports on EU employment

Import competition is a concept suggesting that importing a good can cause a country’s domestic industry to face additional competition, thereby potentially harming the real return to factors used in the production of these goods. China’s impressive export growth caused by liberalization of trade policy since the 1980’s may be considered a supply shock of manufactured goods to the world market. In