A Bridge on Economic Issues between China and the World
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Social Media Engagement Increases Government Action, Decreases Pollution
Mark Buntaine, Michael Greenstone, Guojun He, Mengdi Liu, Shaoda Wang, Bing Zhang, Dec 14, 2022In China, citizen participation in environmental governance via social media could significantly improve regulatory effort, leading to substantial environmental benefits.
Visible Hands: Professional Asset Managers’Expectations and the Stock Market in China
John Ammer, John Rogers, Gang Wang, Yang Yu, Aug 02, 2023Mutual funds have become an important type of private institutional investor in Chinese security markets, with assets under management exceeding $3 trillion.
The Pre-Announcement Drift in China: Government Meetings and Macro Announcements
Jun Pan, Qing Peng, Mar 20, 2024Confirming Chinese equity market is policy-driven, this study reveals a significant pre-Govt return before top government meetings, akin to the US pre-FOMC drift. It highlights the market's anticipation of these events and their impact on asset pricing, underscoring the centralized financial system in China.
Internationalizing Like China
Chris Clayton, Amanda Dos Santos, Matteo Maggiori, Jesse Schreger, Feb 08, 2023China’s strategy for internationalizing the renminbi involves controlling the access of foreign investors to the domestic bond market.
English Language Requirements and Educational Inequality in China
Hongbin Li, Lingsheng Meng, Kai Mu, Shaoda Wang, May 29, 2024The introduction of the English listening test in the NCEE has exacerbated educational inequality between urban and rural areas in China, thereby affecting the college admission prospects and future income of rural students.
