Despite a vast accumulation of private capital, China is not embracing capitalism. Deceptively familiar capitalist … introduces the chapters comprising the NBER volume Capitalizing China (Fan and Morck, eds. 2012), which examine China's high … consider policy alternatives the CCP might consider if its goal is China's elevation into the ranks of high income countries …

China's economic model involves active government intervention in financial markets. We develop a theoretical framework …

also highlighted their pathological problems. This paper studies the case of China for pitfalls of a state … within China is low. Furthermore, to the extent some capital moves around the country, the government (as opposed to the …

We provide a comprehensive review of China's financial system, and explore directions of future development. First, the … resources in the economy has been limited and ineffective. We discuss issues related to the further development of China's stock … China are those that reduce the likelihood of damaging financial crises, including a banking sector crisis, a real estate or …

China's financial system has been integral to its spectacular economic growth over the past 40 years. We review the … recent literature on China's financial system and its connections to the Chinese economy based on the categories of Aggregate … China's financial system. While early work on China's financial system emphasizes the state-owned enterprise (SOE) reform …

added production function of the State Owned (SOE) and Foreign-Funded Enterprises (FFE) in China, 1980s-2007. The transition … associated with the economic reforms in China is estimated applying a curvilinear logistic function, where the speed and the …

that the only industries in which listed companies in China display strong performance are public utilities, transportation …

forward. In this paper I illustrate this idea with a study of the People's Republic of China. Under the plan, prices were …