This book is about how Chinese entrepreneurs deal with China's most important institution-the government-in their struggle to survive and even prosper in China's transitional economy. It takes an "inside look" at several private firms in China and provides a first-hand account, as well as the...

We study the distributional effects of preferential tax policies for FDI using China’s corporate income tax unification reform as a natural experiment. We first present a simple model to motivate our empirical analysis. Using a differential exposure approach, we then show that eliminating...

We empirically investigate the impact of product quality information asymmetry on firm exports and the sectoral composition of multinational corporation activities. Using Chinese customs data, we find robust evidence that foreign firms perform better than domestic firms in information intensive...