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China's corporations, we show that the relationship between expected returns and capital investment varies significantly … captures the monetary supply shocks in China. As SOE firms have easier access to bank loans, the high investment firms in the …
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to examine firm-level data before and after pressured liquidation events in China. Our study seeks to address the issues …
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investment transactions. Perhaps even more striking is the speed of China’s capital market growth. It took merely three decades … for China’s capital market to advance as the world’s second most meaningful market. Chinese firms—many of which are … obstructions, China’s illiberal governance system plays an important role in promoting market regularity, providing investors with …
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As China’s economic weight continues to grow, so does the global impact of its companies. Chinese state …-owned enterprises (SOEs) produce a large share of Chinese goods and services. Given their importance both in China and increasingly …. Foreign governments negotiating trade or investment deals with China need this information so they can better measure how far …
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