the importance of China's investment booms and busts for both the Chinese and the world economy, describes the origins and … evolution of the investment cycle during the command economy period. It will show how the animal spirits of the command economy …. Ending an investment boom continues to be primarily a matter of introducing new policies or the more strict enforcement of …

This paper examines the influence of regional economic development on mutual funds investment decisions. Using fund … clear local bias within the coastal region. Such investment behavior is robust to political interventions. In particular …, economic and political factors significantly influence mutual funds investment decisions in emerging China …

Using the establishment of the Chinese Integrated Circuit Industry Investment Fund in 2014 as a quasi …-natural experiment, we investigate whether and how the national industrial investment fund affects corporate R&D investment. We find that … the policy has a significant and positive effect on corporate R&D investment, and this effect is more pronounced in firms …

differences (DID) method to evaluate the impact of the National Integrated Circuit Industry Investment Fund on the technological … verification. This paper concludes that the National Integrated Circuit Industry Investment Fund has significantly enhanced … results. The effects of industrial investment funds on policy are evidently different across different regions and industry …