Since the 1990s, China's real estate market has experienced a dramatic and long-lasting boom across China. This boom … into a gigantic housing bubble, which might eventually burst and damage China's financial system and economy. Motivated by … this concern, this paper reviews the historical development of China's real estate market, describes the real estate boom …

China's economic model involves active government intervention in financial markets. We develop a theoretical framework …

Motivated by growing concerns about the risks and instability of China's financial system, this article reviews several … commonly perceived financial risks and discusses their roots in China's politico-economic institutions. We emphasize the need … to evaluate these risks within China's unique economic and financial systems, in which the state and non-state sectors …

In 2005-08, over a dozen put warrants traded in China went so deep out of the money that they were certain to expire …

examines implications of these theories using a unique data sample from China, a market with stringent short-sales constraints …

We construct housing price indices for 120 major cities in China in 2003-2013 based on sequential sales of new homes … trigger an imminent financial crisis in China, even though it may crash with a sudden stop in the Chinese economy and act as …