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Handbook of Safeguarding Global Financial Stability by Gerard Caprio

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Chapter 1

China and Financial Globalization

M.D. Chinn* and H. Ito

*Robert M. La Follette School of Public Affairs, Department of Economics and NBER, Madison, WI, USA

Portland State University, Portland, OR, USA

Outline

Introduction

China’s impact on the world economy has grown substantially over the past two decades. Attitudes toward the consequences of this development can, at best, be described ...

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