Provides key points on how China can use its new economic leverage to shape its long-term outward investment strategies in Africa and in ASEAN countries; Proposes short-term and long-term measures to ensure the sustainability and solvency of local public financial institutions in China amid...

This study examines the determinants of the restructuring of China's SOEs in the late 1990s. Our study yields four major findings. First, we find that the degree of labor retrenchment is negatively related to enterprise performance, suggesting that poor performance is a major force driving labor...

Vigorously developing non-fossil energy, including geothermal energy, will lead to carbon neutrality in the future. Based on the technological advantages of oil and gas companies, increasing investment in geothermal energy is a long-term strategy for oil and gas companies and the key to the...

Systemic risk refers to the potential for a disruption in one part of a financial system to trigger a cascade of adverse effects, impacting the functioning of the system. Despite the progress on novel systemic risk measures, research on dynamics of systemic risk network structure and its...