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This paper shows that China has launched a new global system for cross-border rescue lending to countries in debt … distress. We build the first comprehensive dataset on China’s overseas bailouts between 2000 and 2021 and provide new insights … into China’s growing role in the global financial system. A key finding is that the global swap line network put in place …
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We use data on financially distressed Chinese companies in order to study a debt market where property rights are crudely defined and poorly enforced. To help with identification we use an event where a business-friendly province published new guidelines regarding the administration and...
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The origins of Dafeng, Lixin and Dacheng -- Technology networks in the Yangzi Delta -- Integrated firms in a dual market -- War and isolation -- The great leap outwards -- The socialist transition and the Shanghai : Hong Kong network -- Trade and industrialization in Hong Kong -- Networks in the...
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