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China’s Successful Securities Regulation to Protect Investors

Thomas Bourveau, Xingchao Gao, Rongchen Li, Frank S. Zhou, Nov 12, 2025

In 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.

Why Are So Many Young Women Moving to China’s Big Cities?

Yumi Koh, Jing Li, Yifan Wu, Junjian Yi, Hanzhe Zhang, Dec 03, 2025

It’s not just about jobs. It’s also about love, status, and the marriage market.

Migration,Tariffs,and China’s Export Surge

Chen Liu, Xiao Ma, Oct 22, 2025

China’s exports have increased dramatically in recent decades. We build a multi-sector spatial general equilibrium model and combine rich data sources to account for China’s export surge between 1990 and 2005 from three policy changes: China’s import tariffs, tariffs imposed on China’s exports, and barriers to internal migration in China. We find that the three policy changes jointly accounted for 30% of China’s export growth between 1990 and 2005 and that there is a positive interaction between tariff and migration policies.

Money or Monitoring: What Motivates Workers in China?

Jing Cai, Sai Luo, Shing-Yi Wang, Sep 17, 2025

Higher compensation incentivizes workers to work additional hours and stay at the firm, while increased monitoring enhances work quality but also increases quitting by workers.

Decoupling of Incomes and CO₂ Emissions in China and the US

Chuanzhi Huo, Angqi Li, Prakash Loungani, Jul 23, 2025

Johns Hopkins University. (The views expressed are those of the authors and should not be attributed to Johns Hopkins University.)