A Bridge on Economic Issues between China and the World
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Sharing the Entrepreneurial Wealth?
Josh Lerner, Junxi Liu, Jacob Moscona, David Yang, Jun 12, 2024This article discussing the emergence of China in the field of innovation and entrepreneurship is reshaping the global entrepreneurial landscape, paving novel ways for achieving a broader wealth sharing.
China’s Successful Securities Regulation to Protect Investors
Thomas Bourveau, Xingchao Gao, Rongchen Li, Frank S. Zhou, Nov 12, 2025In emerging markets, controlling shareholders may extract private benefits at the expense of minority investors. To safeguard cash-flow rights, regulators have turned to dividend requirements, yet their rigidity risks stifling investments and growth. In China, the regulator successfully adopted an intermediate “comply-or-explain” approach to strengthen investor protection without forcing firms to forgo investments and growth.
The Value of Big Data in a Pandemic
Kairong Xiao, May 05, 2021This article summarizes a study of the economic and public health effects of the Health Code app in China. By exploiting the staggered implementation of this technology across 322 Chinese cities, this study finds that the Health Code app significantly reduced virus transmission and facilitated economic recovery during the COVID-19 pandemic. A macroeconomic susceptible-infectious-recovered (SIR) model calibrated to the micro-level estimates shows...
Laboratories of Autocracy: The Landscape of Central–Local Dynamics in China’s Policy Universe
Kaicheng Luo, Shaoda Wang, David Yang, Feb 25, 2026This article shows how individual officials drive innovation, how competition shapes diffusion, and how a post-2013 turn toward central control has reduced local adaptation—often at a real economic cost.
The Externalities of ESG Disclosure
Yi Jiang, Ya Kang, Hao Liang, Jul 24, 2024This article discusses that China's mandatory Environmental, Social, and Governance (ESG) disclosure policies have led firms to increase their donations for poverty alleviation, yet paradoxically have also resulted in higher pollution levels, thereby highlighting the potential environmental negative externalities that can arise from the government's mild steering of corporate behavior through disclosure mandates.
