In response to the rapid rise of privately-issued cryptocurrencies (e.g. Bitcoin, Ethereum, and Diem), global central banks have been leveraging on fintech to roll-out state-backed Central Bank Digital Currencies (CBDCs) to modernise the fiat money system. China is one of a few major economies...

Suppressing corporate financialization exacerbated by rising labor costs is an important micro-level issue for revitalizing the manufacturing industry. This research investigates the interaction mechanism among labor costs and financialization, using panel data of Chinese listed companies from...

This study explores the role of fnancial support in the digital transformation of Chinese A-share-listed companies from 2001 to 2020. By utilizing the moderating efect model and threshold regression model, this study fnds the following results: (1) Digital transformation positively impacts...

With more activities being moved online during the COVID-era, digital infrastructure, as a public service, is now playing a greater role in influencing innovation and making the symbiotic relationship between innovation subjects closer. While the surge in patenting in China is associated with a...