Please use this identifier to cite or link to this item:
https://elibrary.tucl.edu.np/handle/123456789/5514| Title: | Offshore Fears and Onshore Risk: Exchange-Rate Pressures and Bank Volatility Contagion in the People’s Republic of China |
| Authors: | ADB;Lai, Jennifer; McNelis, Paul D. |
| Issue Date: | Dec-2019 |
| Description: | This study examines whether the spot market in Hong Kong, China for offshore Chinese currency (CNH) acts as a shock absorber for the financial system of the People’s Republic of China. The findings contrast with one view that the offshore spot market for the currency, listed as CNH, is a shock absorber for the PRC financial system. The analysis suggests that further offshore exchange market movements arising out of news, such as increasing trade friction with the United States, will generate greater volatility in the PRC’s banking sector. |
| URI: | https://www.adb.org/publications/offshore-fears-onshore-risk-peoples-republic-china https://elibrary.tucl.edu.np/handle/123456789/5514 |
| ISBN: | N/A N/A |
| ISSN: | 23136537 23136545 |
| Country: | China People's Republic of |
| Appears in Collections: | ADB Collections |
Files in This Item:
There are no files associated with this item.
Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.