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    Domestic Rebalancing to Reduce Global Imbalances: The Role of Financial Market Measures

    “Taking advantage of the opportunity offered by the structural adjustments of the global economy…”The decisions on the four modernisations taken at the Third Plenum represented a radical change in Chinese domesticdevelopment strategy. Read more

    Shadow Banks in China: Causes, Impacts and Policy Options

    This research project explores the causes and consequences of the rise of China’s shadow banks based on the Modern Money Theory and its extension on the analysis on modern financial systems. Read more