Vortherms, Samantha; Zhang, Jiakun Jack - 2021
the US-China trade war broadly elevated political risks for multinational corporations (MNCs) operating in China … entrenchment determines resilience to risk at the firm level. Using a new dataset on all foreign-invested firms registered in China … political risks on MNC exit in the context of the US-China trade war. Our findings show that US and allied firms were not more …