SONG Shuang

Ph.D.

Department of International Finance

Assistant Research Fellow

Email: songshuang@cass.org.cn

Tel: (8610) 8519 5778

Research Fields

International Finance, Digital Currency, Global Financial Governance

Education:

2011.9 - 2016.7  Ph.D. in Applied Economics, School of Economics and Management, Tsinghua University.

2004.9 - 2006.7  Master in Finance, School of Economics and Management, Tsinghua University.

2000.9 - 2004.7  Bachelor in Finance, School of Economics and Management,   Tsinghua University.

Employment:

2016.7 - present   Assistant Research Fellow, Institute of World Economics and Politics, China Academy of Social Science

2006.7 - 2010.10   Project Manager, Tsinghua Holdings Co., Ltd.

Selected Papers:

“Stablecoins and International Currency competition”, The Chinese Banker (Chinese), 2019(5). (with Dongmin Liu)

“The Function Transformation of Central Banks and Commercial Banks under the Application of Digital Fiat Currency”, The Chinese Banker (Chinese), 2019(2). (with Dongmin Liu)

“Impact of US Tight Monetary Policy on China’s Macro Economy: A Study Based on Symbolic Constraint SVAR Model”, Journal of Lanzhou University (Social Sciences), Vo1. 46 No.6, 2018(11). (with Chen Chen)

“’16+1’: Deepening Financial Cooperation”, Economy & Nation Weekly, 2018 (3).

“Investment Risks of Bitcoin Futures and Private Digital Currencies”, The Chinese Banker (Chinese), 2018(2).

“China’s Financial Support to the ‘Belt and Road’ Construction: Characteristics, Challenges, and Policy Implications”, International Economic Review (Chinese), 2018(1). (with Yongzhong Wang)

“Prospects for International Financial Markets in 2018”, Financial View (Chinese), 2018(1).

“Digital Fiat Currency and Global Cross-Border Payment System”, China Finance (Chinese), 2017(12). (with Dongmin Liu)

“Advantages and Disadvantages of Bond Market Development on China's Financial Security”, The Chinese Banker (Chinese), 2017(10). (with Dongmin Liu)

“Can the Investment Plan for Europe Revitalize the Investment of Europe? -- From the Perspective of the Public Investment’s Crowding-in Effect on Private Investment”, Chinese Journal of European Studies, 2017(4). (with Xiao Chen)

“Investment Risk Analysis on the Countries along ‘the Belt and Road’ and Corresponding Policy Recommendations”, China State Finance (Chinese), 2017(8). (with Yongzhong Wang and Xichen Li)

 “European Investment Bank’s Non-Loan Business for SMEs and the Implication for Asian Infrastructure Investment Bank”, The Chinese Banker (Chinese), 2016(10). (with Dongmin Liu)

“European Investment Bank’s Loan Business for SMEs and the Implication for Asian Infrastructure Investment Bank”, China State Finance (Chinese), 2016(20). (with Dongmin Liu and Wenqian Zhou)

“The Contribution of Foreign Direct Investment and Multinational Enterprises in East and Northeast Asia”, in Report of Economic Cooperation and Integration in East and North-East Asia, UNESCAP, 2016. (with Taotao Chen and Andrea Goldstein)

“Comparative Study on Overseas Investment of Developed Countries and Developing Countries: the Case of Semiconductor Industry”, International Economic Cooperation (Chinese), 2015(6). (with Taotao Chen and Shichang Liu)

“The Investment Development Path of China: The Role of Government since Opening up”, The Fifth Reading-UNCTAD International Business Conference, 2015. (with Taotao Chen and Rajneesh Narula)

“The Appearance and Root of the USA’s Investment Environment: The Implication for Chinese Enterprises’ Investment Activities in the USA”, International Economic Cooperation (Chinese), 2013(3). (with Taotao Chen, Chen Chen and Xiao Chen)

“Do Market Value Market-Based Governance? Case of Cross-Border Acquisitions by Chinese Firms”, Midwest Finance Association 2013 Annual Meeting. (with Kotaro Inoue, Taotao Chen, Yujie Zhu and Cong Yan)

“Making Choice between Integration Strategy and Localization Strategy: The Case of CSCES’ Investment in the USA”, International Economic Cooperation (Chinese), 2012(9). (with Taotao Chen)

“Policy Factors of FDI Intra-Industry Spillover in China”, Journal of Financial Research (Chinese), 2005(6). (with Taotao Chen)

Books:

RMB Internationalization and China’s Financial Security (co-author Dongmin Liu et al), China Social Sciences Academic Press, 2018.

The Mechanism of the IFDI's Impacts on the Capability Building of OFDI: Preliminary Construction of the Dynamic IDP Theory (co-author Taotao Chen et al), Economic Science Press, 2017.