This paper investigates how heterogeneous sentiments and perspectives expressed in public online media about the abolition of the Chinese presidential term limit in 2018 may have caused a divergence in investor behavior between the U.S. and China. We document that sentiments expressed in social...

This study analyzes the transformation of urban water services in China since the late 1990s focusing on the interaction between the government and private players in the form of public private partnership projects. A lack of fund, outdated technologies and management skills, and underpriced...