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CAPS Working Paper Series

Chinese leadership

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Full-Text Articles in Economics

The Economic Challenges For The New Chinese Leadership, Yue Ma, Ping Wang Jan 2004

The Economic Challenges For The New Chinese Leadership, Yue Ma, Ping Wang

CAPS Working Paper Series

"The Impact of China's Accession to the WTO" 中國入世後的初步分析

This paper will first review the early concerns about China's entry to the WTO. Then we will evaluate the preliminary impact of the WTO membership on the Chinese economy, which turned out to be better than expected. We also discuss the current international debate on the Chinese currency renminbi revaluation and suggest that a gradual improvement of the current Chinese rigid exchange rate system will be inevitable.

Finally we will explore the potential problems and challenges to both economies of mainland China and Hong Kong in the future. We argue that …