Chinese investors are now the largest number of foreign investors in US residential and commercial real estate. Many buy in upscale, exclusive markets. It is little known, however, that in the past Chinese faced severe property discrimination in the US. This paper traces three eras of Chinese...

Persistent differences in the level of business ownership across economically developed nations have attracted the attentiion of scientific as well as political debate. Cultural rather than economic influences are assumed to play a decisive role. This paper deals with the influence of cutlural...

This book addresses the long-standing puzzle of how China's private sector manages to grow without secure property rights, and proposes a new theory of selective property rights to explain this phenomenon. Drawing on rich empirical evidence including in-depth interviews, a unique national survey...