China & World Economy

Volume 22 Number 3 May–June 2014

China’s Exchange Rate and Financial Repression: The Conflicted Emergence of the RMB as an International Currency
Ronald McKinnon, Gunther Schnabl 1

 Dynamic Transition of Exchange Rate Regime in China
Naoyuki Yoshino, Sahoko Kaji, Tamon Asonuma 36

China’s Energy Reduction Policy System: Outcomes and Responses of Local Governments
Yuzhe Wang, Jing Zhao, Cheryl S.F. Chi 56

How Aging and Intergeneration Disparity Influence Consumption Inequality in China
Juwei Zhang, Jing Xiang 79

Risk Attitudes and Self-employment in China
Feng Hu 101

Statistical Data

Changes in China’s Main Economic Indicators 121
The Latest Statistics for Imports and Exports 123