This paper provides an overview of the foreign ownership in the China’s listed companies. The characters are as follows: 1) It has a small proportion of shares, showing not in control position in most companies; 2) it has a strong preference for the banking industry; 3) most of them have...

In this paper, we use a unique dataset covering joint ventures in two provinces of China, Jiangsu and Zhejiang, to test the effect of the institutional environment for domestic private firms on ownership structures of FDI projects. Unlike many studies on this subject, we approach the issue from...

There are two prevailing perspectives on how China took off. One emphasizes the role of globalization—foreign trade and investments and special economic zones; the other emphasizes the role of internal reforms, especially rural reforms. Detailed documentary and quantitative evidence...

[eng] Consumption and finance in rural China . This paper identifies four sets of economic facts about China that have not been sufficiently highlighted in the literature : (1) household consumption, especially rural household consumption, lagged GDP growth rate by a wide margin (although not...

Most of the economic analyses of the overseas Chinese network focus on trade and investment flows at the country level. In this paper, we analyze the effects of the ethnic Chinese network at the firm level. Contrary to the conventional wisdom, we find that ethnic Chinese FDI firms in China in...

This two-volume original reference work provides a comprehensive overview of development economics and comprises contributions by some of the leading scholars working in the field. Authors are drawn from around the world and write on a wide range of topics.