profitability of foreign direct investments made by overseas Chinese in China. Our paper takes advantage of a large dataset-over 50 …,000 firms over a period of eight years-that is comprised of two types of foreign firms with investments in China-those owned by … China do not outperform non-ethnically Chinese firms by a set of conventional profitability measures. We also find that the …

"As China's export juggernaut employs many imported inputs, there are many policy questions for which it is crucial to …/tax-favored processing exports such as China, Mexico, and Vietnam. We develop a general formula for computing domestic and foreign contents … content in China's exports is at about 50%, almost twice the estimate given by the HIY formula. There are also interesting …