A cornerstone of the Chinese growth model has been the opening up of its economy to private competition. Some observers … Owned Enterprises, thereby compromising a growth model that has served it well. Due to the opaqueness of the Chinese system … studying the credit supply to Chinese listed companies, the drivers of the growth miracle, of the past decade. The econometric …

China is the world's largest investor and greatest contributor to global economic growth by wide margins. The … efficiency of its financial system in allocating capital to investment will be important to sustain this growth. This paper shows …, growth stocks, and long shots, and they discount for illiquidity and market risk. China's stock market no longer deserves its …

other global investors: they pay up for size, growth, liquidity, and long shots, while they discount for systematic risk …

over the past decade. Those scenarios underscore the important role of credit growth in supporting activity during the past … end of 2016 has contributed to a modest slowing of credit growth and activity …

economies, even though growth is likely to slow from near double-digit rates in the first decade of this millennium to around 7 …% at the 2020 horizon. However, in order to sustain vigorous growth and improve the well-being of most citizens, renewed …-friendly growth. …