The Changes in China's Bond and Foreign Exchange Market and Their Effects on Korea

This report focuses on analyzing the changes in China's bond and foreign exchange market and their effects on South Korea. This study outlines the Chinese government's bonds policy, status of the bond market, direction of future development and et cetera. It examines the changes, status and outlook of the Chinese exchange rates system. It contains an empirical analysis on the effects of the fluctuation of Chinese bond interest rates on South Korea's bond interest rates, and on factors determining the Won-RMB exchange rates.