This paper studies the extent to which firms in China and India use capital markets to obtain financing and grow. Using …

Three main features characterize the international financial integration of China and India. First, while only having a … small global share of privately-held external assets and liabilities (with the exception of China's foreign direct … highly asymmetric: both are "short equity, long debt." Third, China and India have improved their net external positions over …

Three main features characterize the international financial integration of China and India. First, while only having a … small global share of privately-held external assets and liabilities (with the exception of China's FDI liabilities), these … short equity, long debt. Third, China and India have improved their net external positions over the last decade although …