International trade will continue to be important for economic performance..
China’s place within international trade networks and global supply chains makes the propagation of Chinese shocks a global phenomenon.
Highlighting a tension between science’s universalist ideals and today’s geopolitical realities...
China’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.
We study the implications of mutual fund liquidity creation by examining frequent trading suspensions in China, which eliminate market liquidity in affected stocks and cause significant mispricing of mutual funds due to inaccurate valuations of their illiquid holdings...