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"The focus of the global economy is increasingly shifted towards China and emerging countries. However, despite their … promote the efficient allocation of financial resources and to maintain the confidence of capital providers. As China becomes … presents some of the latest academic research on China's capital markets, demonstrating some of the major issues currently …
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-- 3. China’s deepening integration into global financial markets: lessons from the US counterpart -- 4. Pre- and post …-pandemic Sino-US inbound and outbound investments -- 5. The rise and decline of China’s shadow banking subject to a deleveraging … deepening integration of China into global financial markets and its move from an indirect bank-based system towards a direct …
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Financial markets face the constant threat of cyber attacks. We develop a principal-agent model of cyber-attacking with fee-paying clients who delegate security decisions to financial platforms. We derive testable implications about clients' vulnerability to cyber attacks and about the fees...
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