The authors believe that the wage system and the price structure are the two most critical variables that will influence the future development and success or failure of China's economic modernization. They explore current wages among urban workers and the determinants of the bonus system in...

The consumption structure in China has undergone a dramatic change since the economic reform started in 1979. Durable goods ownership, an important aspect of overall consumption, has experienced an even greater change both in variety and quantity. The article, using data from a 1984 household...

We study the relationship between stock price synchronicity and information disclosure of firms listed in the Chinese stock market, using hand-collected data on firms' official microblogging content in Sina Weibo, a popular microblogging service in China. We find that after controlling for the...

Purpose - Motivated by the significant role of uncertainty in affecting investment decisions and China's economic leadership in Asia, this paper investigates the predictive role of exposure to Chinese economic policy uncertainty at the individual stock level in large Asian markets....