“Considering the continuous downturn in the current world economy,ChinaAfrica cooperation is bucking the trend by showing thriving vitality.The implementation of the summit outcomes has become a strong impetus for th...“Considering the continuous downturn in the current world economy,ChinaAfrica cooperation is bucking the trend by showing thriving vitality.The implementation of the summit outcomes has become a strong impetus for the development of bilateral cooperation,and the US$60 billion in financial aid will act as a catalyst for China-Africa cooperation and promote investment and financing in various aspects.展开更多
The choice of liquidity indicators is a key issue in global liquidity management. Money supply statistics such as M2 are no longer able to reflect the true scale of global liquidity due to the effect of financial glob...The choice of liquidity indicators is a key issue in global liquidity management. Money supply statistics such as M2 are no longer able to reflect the true scale of global liquidity due to the effect of financial globalization. External bank liabilities, as an important indicator to measure global liquidity conditions, are omitted by many countries in their broad money statistics. Given that financial institutions＇ external liabilities serve as a major source of fiscal shock as well as an important cause for the accumulation of monetary risk, it is imperative to include these external liabilities into the global liquidity indicator system.展开更多
文摘“Considering the continuous downturn in the current world economy,ChinaAfrica cooperation is bucking the trend by showing thriving vitality.The implementation of the summit outcomes has become a strong impetus for the development of bilateral cooperation,and the US$60 billion in financial aid will act as a catalyst for China-Africa cooperation and promote investment and financing in various aspects.
文摘The choice of liquidity indicators is a key issue in global liquidity management. Money supply statistics such as M2 are no longer able to reflect the true scale of global liquidity due to the effect of financial globalization. External bank liabilities, as an important indicator to measure global liquidity conditions, are omitted by many countries in their broad money statistics. Given that financial institutions＇ external liabilities serve as a major source of fiscal shock as well as an important cause for the accumulation of monetary risk, it is imperative to include these external liabilities into the global liquidity indicator system.
