Pages tagged by "China"

US-China relations and America's Asian partners

The US-China relationship is in a state of sharp decline – and, as the confrontation between the world’s two largest economies risks intensifying into outright trade war, the stability of the global system is being shaken. The crisis risks uprooting global value chains and escalating into full-blown technological decoupling across the globe as the US and other western governments proceed to crack down on perceived foreign interference in industry and science.

Understanding informal financing

This paper offers a framework to understand informal financing based on mechanisms to deal with asymmetric information and enforcement. It finds that constructive informal financing such as trade credits and family borrowing that relies on information advantages or an altruistic relationship is associated with good firm performance. Underground financing such as money lenders who use violence for enforcement is not. Constructive informal financing is prevalent in regions where access to bank loans is extensive, while its role in supporting firm growth decreases with bank loan availability.

Understanding the spatial disparities and vulnerability of population aging in China

Understanding the regional pattern of population aging in China enables rational policy making to address the challenges of inequity in social welfare and...

The Belt and Road Initiative: what is in it for China?

China’s outbound investment exceeded inbound investment for the first time in 2015. In years leading up this transition, a maturing demographic transition...

Three turns in the evolution of China–Russia presidential pseudo‐alliance

The unique quality of relations between Russia and China cannot be captured by the term “partnership,” but the development of high‐level ties does not...

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Updated:  16 October 2019/Responsible Officer:  Crawford Engagement/Page Contact:  CAP Web Team