Davis, Steven J.; Liu, Dingqian; Sheng, Xuguang; Wang, Yan - 2025
China's stock market greatly outperformed other national markets during the first several months of the COVID-19 … to us provides a ready explanation for the extraordinary performance of China's stock market in the first half of 2020 …. This performance is even more striking in hindsight, given later developments in China's economy and stock market. …