What were the economic benefits and costs of preventing a stock market meltdown during the summer of 2015 by the Chinese government intervention? We answer this question by estimating the value creation for the stocks purchased by the government between the period starting with the market crash...

What were the economic benefits and costs of preventing a stock market meltdown during the summer of 2015 by the Chinese government intervention? We answer this question by estimating the value creation for the stocks purchased by the government between the period starting with the market crash...

What lessons could we learn from China's responses to both the public health emergency and the subsequent potential economic and financial crises? In this paper, we chart a timeline of the coronavirus outbreak in China and the government's responses. We also offer a case study of how the...