We view the political process in China as trading off the social benefits of increased trade and foreign direct … of this model are estimated using province-level data on foreign direct investment and trade flows in China, over the … China may find it politically difficult to follow through with liberalizing its trade and investment regimes, such as under …

nearly 600 billion dollars, while China's official net creditor position to the rest of the world is overstated by about 50 …

Each of the world's largest retailers---Walmart, Carrefour, Tesco, and Metro---entered China after 1995. Their … subsequent expansion in China may have influenced Chinese exports through two channels. First, they may have enhanced bilateral …

Using a unique firm-level dataset from China's "Silicon Valley," we investigate how multinational enterprises (MNEs …

the dramatic growth of high-potential entrepreneurship and venture capital in China. First, using comprehensive data on …-level economic indicators, we find that this effect was driven by country-sector pairs most similar to their counterparts in China …" businesses and technology pioneered by China, and that a system where only rich countries lead in innovation could limit …

sectoral pattern of multinational activity. Using detailed customs data from China, we show that foreign affiliates and joint …

model's firm-level predictions by using confidential microdata from Japan. We study the response of Japanese MNC parents and … of their affiliates in China to an exogenous change in China's openness to foreign direct investment (FDI). We find that … in industries where inward FDI was encouraged, Japan MNC's affiliates in China experienced increases in their employment …

by U.S. firms in electronics and computer-related machinery. The U.S. firms were followed, in electronics, by Japanese … Japanese firms played somewhat different roles. U.S. firms' investments were always distributed more along the lines of U ….S. export comparative advantage, far from the previous patterns of the host countries. The industry distribution of Japanese …

production and distribution networks. Then, the empirical part of the paper examines the micro data of Japanese corporate firms …, the paper quantifies the magnitude of economic activities of Japanese firms through different channels of transactions …

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 …