A Bridge on Economic Issues between China and the World
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Empowering through Courts: Judicial Centralization and Municipal Financing in China
Jiayin Hu, Wenwei Peng, Yang Su, Aug 28, 2024This article discusses that the judicial centralization reform gradually implemented in China since 2014 has enhanced the independence of the judicial system, limited the intervention of local governments, and reduced court biases in favor of local governments.
Bonds of Love: Patriotism and the Rise of Modern Banks
Yuchen Sun, Wanda Wang, Yuchen Xu, Sep 11, 2024This article discusses that patriotism could be an alternative source of trust in government and financial institutions, particularly during challenging times.
Demand for Retirement Insurance: What Do People Want?
Cheng Wan, Hazel Bateman, Hanming Fang, Katja Hanewald, Oct 02, 2024This article discusses the diversity and preference variations in the demand for retirement insurance among urban residents in China, particularly the high demand for health-related insurance such as critical illness (CI) and long-term care (LTC) insurance, and how individual financial circumstances, risk appetites, and bequest motives significantly influence their choice of retirement insurance products.
Cooperative Culture and the Birth of Modern Enterprises in China
Yang Cai, Jiong Zhu, Sep 04, 2024Government as Venture Capitalists in AI
Martin Beraja, Wenwei Peng, David Yang, Noam Yuchtman, Nov 06, 2024This article discusses that government venture capital funds in China are more geographically dispersed than private venture capital, particularly in inland and less developed areas, and they are more inclined to invest in AI companies with weaker ex-ante productivity signals.
