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China's New Role in the International Financial Architecture

Drysdale, Peter; Triggs, Adam; Wang, Jiao


The rise of China is challenging the international financial architecture in a number of ways. This paper highlights three that are of critical importance: the challenge of absorbing massive Chinese savings; the incorporation of China into a cohesive global financial safety net; and the organisation of China's participation in funding the demand for international investment projects. The global financial architecture needs to be reformed. But what role should China play? The paper defines the...[Show more]

CollectionsANU Research Publications
Date published: 2017
Type: Journal article
Source: Asian Economic Policy Review
DOI: 10.1111/aepr.12182


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