A Bridge on Economic Issues between China and the World
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Sharing the Entrepreneurial Wealth?
Josh Lerner, Junxi Liu, Jacob Moscona, David Yang, Jun 12, 2024This article discussing the emergence of China in the field of innovation and entrepreneurship is reshaping the global entrepreneurial landscape, paving novel ways for achieving a broader wealth sharing.
Ray of Hope? The Rise of Solar Energy in China
Ignacio Banares-Sanchez, Robin Burgess, Dávid László, Pol Simpson, John Van Reenen, Yifan Wang, Mar 25, 2026China’s solar subsidies triggered innovation and learning-by-doing that dramatically lowered global solar costs while generating domestic economic gains large enough to outweigh the subsidy costs, showing that green industrial policy can simultaneously boost growth and help fight climate change.
China’s Successful Securities Regulation to Protect Investors
Thomas Bourveau, Xingchao Gao, Rongchen Li, Frank S. Zhou, Nov 12, 2025In emerging markets, controlling shareholders may extract private benefits at the expense of minority investors. To safeguard cash-flow rights, regulators have turned to dividend requirements, yet their rigidity risks stifling investments and growth. In China, the regulator successfully adopted an intermediate “comply-or-explain” approach to strengthen investor protection without forcing firms to forgo investments and growth.
The Externalities of ESG Disclosure
Yi Jiang, Ya Kang, Hao Liang, Jul 24, 2024This article discusses that China's mandatory Environmental, Social, and Governance (ESG) disclosure policies have led firms to increase their donations for poverty alleviation, yet paradoxically have also resulted in higher pollution levels, thereby highlighting the potential environmental negative externalities that can arise from the government's mild steering of corporate behavior through disclosure mandates.
Laboratories of Autocracy: The Landscape of Central–Local Dynamics in China’s Policy Universe
Kaicheng Luo, Shaoda Wang, David Yang, Feb 25, 2026This article shows how individual officials drive innovation, how competition shapes diffusion, and how a post-2013 turn toward central control has reduced local adaptation—often at a real economic cost.
