The decades-long history of friendly relationship in both countries bore the fruits in the form of Pakistan-China free-trade agreement (PCFTA) in 2006. This paper aims to estimate Pakistan's bilateral trade potential with China by employing gravity model of trade in a panel data set covering the...

Purpose: According to the disorder in circulation commuting and crossover commuting of SF company which is the China's largest private express delivery service provider, the study uses the Saving Algorithm to make the vehicle routing and resources optimized, on this basis, proposes innovative...

Northwest China is one of the most arid regions in the world and has experienced intriguing climate warming and humidification. Nonetheless, future climate conditions in Northwest China still remain uncertain. In this study, we applied an ensemble of the 12 latest model simulations of the...

The warming climate has rapidly altered vegetation growth in drylands, and consequently, has put great pressure on sustainable livelihoods. Various datasets have been applied from local to global scale to study vegetation dynamics and there is a lack of solid comparison among multiple datasets....

Purpose: To find out ships' optimum operating speed under low-carbon economy. Approach: First, it analyzes the relations between ship's carbon emission and the operating speed, gets the optimum speed under which the entire fleet emit minimum carbon, then establishes the relations between the...

Currently, China's expansionary fiscal policy and tight monetary policy have formed an opposing policy mix. This is due to the imbalanced macro-economy, which suffers from the pressures of inflation and slow growth. In response to economic changes, China adjusted its monetary policy as the real...

In a recent book, Kolari et al. developed a new theoretical capital asset pricing model dubbed the ZCAPM. Based on out-of-sample cross-sectional tests using U.S. stocks, the ZCAPM consistently outperformed well-known multifactor models popular in the finance literature. This paper presents...

This paper combines the CRSP market index with multiple factors to create a single multifactor market index. Empirical tests of different multifactor market indexes indicate that: (1) Sharpe ratios substantially increase and GRS test statistics decrease as multifactors are incrementally added to...

Infrastructure construction is one of the basic driving forces of social and economic development. Since 1978, the construction of infrastructure in the People's Republic of China (PRC) has experienced rapid development, which has given a strong impetus to the PRC's modernization. But behind the...