1 “... surpluses in China, Germany, and among many of the oil producers. This paper focuses on the current state...”

2 “...Over the past decade, China's growth model has become more reliant on investment and its footprint...”

3 “... has led to concerns of an emerging real estate bubble. We find that, for China as a whole, the current...”

4 “... that most of the US-China TFP differences lie in the inefficiency of China's domestic-oriented service...”

5 “...Real estate investment accounts for a quarter of total fixed asset investment (FAI) in China...”

6 “... system and concerns over a hard landing in Mainland China have started to weigh on Hong Kong's growth...”