information content of credit spreads in China. Using Merton's model of default, we construct credit measures of publicly listed … 2014, do credit spreads in China become informative. Compared with the findings in the US credit market, the magnitude of … state-owned enterprises (SOEs) in China results in a market segmentation between SOE and non-SOE issuers that is harmful to …

This paper studies the connection between share pledging and entrepreneurial activities in China, challenging the …

subsidies provided to China's publicly traded firms. We categorize subsidies into different types. We then estimate total … suggest that China's increasingly prescriptive industrial policies may have generated limited effects in promoting …

decades, whereas China's has been on a rising trend, yet the share of trade among Asian economies with the dollar zone …. One big dollar-zone economy that has been increasing its presence in Asia is China. However, China has been recently … making efforts to "internationalize" its currency, the yuan (RMB). Hence, if China succeeds in its internationalization …

moderate the perceived need for insurance, and China would have to loom large in both solutions …

Large population / rapidly growing economies such as China and India have argued that in the upcoming UNFCCC …

attainability of the CCP's goal. However, China's progress in addressing fundamental constraints that might limit rapid economic … are not in doubt. In education, China has substantially increased the percentage of its workforce receiving a college …