Department of Economics & Finance
AACSB International EQUIS - European Quality Improvement System

Conference on China’s progress to "moderately prosperous society"

Organized by Global Research Unit (GRU)Department of Economics and Finance, City University of Hong Kong, Bank of Finland Institute for Economies in Transition (BOFIT) and Gabelli School of Business, Fordham University.
 
 
August 20-21, 2019
Bank of Finland, Helsinki, Finland
 
Papers (in alphabetical order of the family names of the presenters) 
Hard copies will not be provided during the conference. Please print and bring your own copies as needed. Thank you.
 
Speakers

Geographic Spread of Currency Trading: The Renminbi and Other EM Currencies
Yin-Wong Cheung (City University of Hong Kong), Robert McCauley (Bank for International Settlements) and Chang Shu (Bloomberg)
Discussant: Yabin Wang (Hong Kong Monetary Authority) 

The direction and intensity of China’s monetary policy conduct: A dynamic factor modelling approach
Michael Funke (Hamburg University)
Discussant: Fabio Verona(Bank of Finland) 

Ownership Network and Firm Growth: What Do Five Million Companies Tell About Chinese Economy 
Xian Gu (Central University of Finance and Economics), Franklin Allen (Imperial College London), Junhui Cai (University of Pennsylvania), Jun “QJ” Qian (Fanhai International School of Finance, Fudan University), Linda H. Zhao (University of Pennsylvania) and Wu Zhu (University of Pennsylvania)
Discussant: Karlo Kauko (Bank of Finland Institute for Economies in Transition, BOFIT) 

Assessing the global impact of the Chinese economy
Risto Herrala (Bank of Finland) and Fabrice Orlandi (European Commission)
Discussant: Mark Spiegel (Federal Reserve Bank of San Francisco) 

What Does Peer-to-Peer Lending Evidence Say About the Risk-taking Channel of Monetary Policy?
Xiang Li (Halle Institute for Economic Research), Yiping Huang (Peking University) and Chu Wang (Peking University)
Discussant: Zuzana Fungáčová (Bank of Finland Institute for Economies in Transition, BOFIT) 

Bank Competition and Industrial Structure: Evidence from China
Liping Lu (VU University Amsterdam), Di Gong (University of International Business and Economics), Weixing Wu (University of International Business and Economics) and Fan Zhou (University of International Business and Economics)
Discussant: Laurent Weill (University of Strasbourg)

Off-Shore Fears and On-Shore Risk: Exchange-Rate Pressures and Banking Contagion in China
Paul McNelis (Fordham University) and Jennifer Te Lai (School of Finance, Guangdong University of Foreign Studies)
Discussant: Le Xia (BBVA) 

Optimal Capital Account Liberalization in China
Mark Spiegel (Federal Reserve Bank of San Francisco), Zheng Liu (Federal Reserve Bank of San Francisco) and Jingyi Zhang (Federal Reserve Bank of San Francisco)
Discussant: Riikka Nuutilainen (Bank of Finland Institute for Economies in Transition, BOFIT) 

Shadow Banking and the Bank Lending Channel of Monetary Policy in China
Yabin Wang (Hong Kong Monetary Authority) and Xiaoqiang Cheng (Hong Kong Monetary Authority)
Discussant: Xian Gu (Central University of Finance and Economics) 

Bilateral Swap Agreement and Renminbi Settlement in Cross-Border Trade
Le Xia (BBVA) and Song Ke (Renmin University of China)
Discussant: Iikka Korhonen (Bank of Finland Institute for Economies in Transition, BOFIT)