Most Popular

Capital Regulations, Bank Risk-Taking, and Monetary Policy in China

Xiaoming Li, Zheng Liu, Yuchao Peng, Zhiwei Xu, Nov 18, 2020

China implemented Basel III in 2013 and tightened bank capital regulations. Empirical evidence shows that the new regulations significantly reduced bank risk-taking following monetary policy easing. To meet the tightened capital requirements, banks respond to a balance-sheet expansion by raising the share of lending to state-owned enterprises (SOEs) that are perceived as low-risk borrowers under government...

From Wall Street to Hong Kong:The Value of Dual Listing for China Concept Stocks

Zhuo Chen, Grace Xing Hu, Ziqiong Xi, Xiaoquan Zhu, Mar 22, 2023

The recent cross-border regulation tensions between the US and China have exposed many US-listed China Concepts Stocks to substantial delisting risks, forcing them to pursue dual listings on the Hong Kong Stock Exchange.

Book Synopsis New Cycle or Old (Guaranteed) Bubble?

Ning Zhu, Oct 04, 2017

It seems necessary that one gains some deeper understanding of the sources of China’s phenomenal economic growth. Apart from all well-founded extant explanations, my recent book Guaranteed Bubble argues for another important yet previously overlooked source: the guarantees provided by the Chinese government.

Shadow Banking: China’s Dual-Track Interest Rate Liberalization

Hao Wang, Honglin Wang, Lisheng Wang, Hao Zhou, Jul 26, 2017

Professors Hao Wang and Hao Zhou, both of Tsinghua University, Honglin Wang formerly of Hong Kong Institute for Monetary Research (HKIMR) and Lisheng Wang of Chinese University of Hong Kong, argue that the shadow banking explosion in China may constitute a dual-track reform mechanism to liberalize the country's rigid interest rate policy.

China’s Overwhelming Contribution to Scientific Publications

Qingnan Xie, Richard B. Freeman, Sep 19, 2018

That China, one of the lowest income countries in the world at the turn of the 21st century, became a super-power in scientific knowledge in less than two decades is a remarkable development in the history of science. The way China deploys its newly developed scientific resources will drive the direction of science and technology into the foreseeable future and the direction of our increasingly knowledge-based economy.