stocks from emerging economies that trade in domestic and international markets. The cross-market premium (the ratio between … evaded, they do affect the cross-market premium. Controls on capital inflows put downward pressure on domestic markets … signals the inability of market participants to engage in perfect arbitrage, due to the segmentation of domestic markets from …

"China in the past few years has emerged as a net foreign creditor on the international scene with net foreign assets … slightly greater than zero percent of wealth. This is surprising given that China is a relatively poor country with a capital … whether it makes economic sense for China to be a net creditor and how they see China's net foreign asset position evolving …

disrupted China's growth normalization. The global environment has also significantly worsened following Russia's invasion of … and external headwinds, China's policymakers should carefully calibrate its policies. In the short term, China should …, inclusive, and sustainable growth trajectory for China …

"This paper documents several new patterns associated with firms issuing securities in foreign markets that motivate … findings. First, a large and growing fraction of capital raisings, especially debt issuances, occurs in international markets … markets are qualitatively similar to those following domestic issuances, suggesting that capital raisings abroad are not …