A void in the literature on the business environment is how it evolves over time. Focusing on China during its crucial two decades of transition (from the early 1990s to the early 2010s), this paper documents how the country's business environment and the characteristics of entrepreneurs...

A key to understand the evolution of an economy is the property rights institution and the contracting institution that the government set up to shape the business environment of private firms. Focusing on China during its crucial two decades of transition (from the early 1990s to the early...

Introduction: China business bites -- China syndrome -- China champions and China staff -- Face off -- China business way -- Essence of failure -- Sense and sensibility -- Invest in China business -- Success -- Meet greet seat treat and give -- Through a glass darkly -- Smiling for cash --...