COVID-19, the disease caused by novel coronavirus SARS-CoV-2, has greatly affected financial markets, economies and societies worldwide. This study focuses on China examines a series of issues including: impact COVID-19 Chinese economy, China's policy responses to this shock such as fiscal, monetary institutional measures, implications nature, gains costs responses. also explores problems that need be answered in future. In view importance world regarding size its contribution growth,...

Abstract A trade war between China and the US has been looming since March 2018, effectively started on 6 July. key to this dispute is ‘Made in 2025' plan, which aims greatly improve competitiveness of Chinese manufacturing industry enable become world's powerhouse. This study examines present state manufacturing, including its size, structure problems. It explains Made 2025, background, chances success. concludes that importance 2025 for future economy means it will be very difficult make...

This study investigates the influence of China's national team investors on stock market volatility and crash risks using 2011-2018 data. Findings show increased return decreased post-2015. The reduced risk for pledged shares, while treatment firms R&D investment diversified business more than control groups. A difference-in-difference approach reveals heightened in with ownership after 2015, questioning efficacy these interventions. research offers insights into government intervention...

Abstract Google Trends is a popular data source that has been utilized in hundreds of studies across various fields, including information technology, business, economics, healthcare, and political science. While several previous research addressed sampling error issues, this article focuses on the measurement errors resulting from changes Trends' collection method. By examining key phrases such as ‘covid-19,’ ‘decoupling China,’ ‘debt trap diplomacy,’ reveals that, after 2022 when method...

The China US trade war had been looming since January 2018, effectively started on 6 July calmed down December 2018 until April 2019, has now entered a second stage after the decided to increase previous tariffs of 10% levied in $200 billion worth Chinese goods 25% 10 May 2019. This study reviews policy response from authorities during 2018–April 2019 by looking at fiscal stimulus, monetary stimulus and other institutional reforms. Finally, this concludes that government changed its focus...

Abstract On 23 October 2015, the People ' s Bank of China ( PBoC ) completed process interest rate liberalisation. This study examines pass‐through to lending commercial banks before and after Based on data from Q3, 2007 Q2, 2016, shows that policy rate, which was effective lost effectiveness thereafter. interventions, ‘Impossible Trinity’ theory institutional factors may contribute this ineffectiveness pass‐through, also be related higher premium for risk required by worsening their...

On 18 February 2019, China released the 'Development Plan Outline for Guangdong-Hong Kong-Macao Greater Bay Area (GBA)'. This study presents most up-to-date analysis on GBA, including its history, importance and institutional arrangement; significance vis-à-vis integration of Hong Kong Macau to China, One Belt Road initiative, Made in 2025 plan China's wider economicgrowth; offers a prediction GBA's future challenges ahead.

Coronavirus disease 2019 (COVID-19), the caused by novel coronavirus SARS-CoV-2, has greatly affected financial markets, economies and societies worldwide. This study focusses on Chinese stock markets. Based Google Trends data during period from 1 January 2020 to 12 April 2020, using exponential generalised autoregressive conditional heteroskedastic (EGARCH) model, this finds that higher uncertainty resulting COVID-19 pandemic is significantly associated with drop in China's composite index,...

The China–US trade war during 2018–2019 has attracted attentions from academics, policy makers, businesses and investors around the world. Unlike previous researches which are mainly based on hypothetical scenarios, this study looks at real effects of Chinese economy. Based either weekly or monthly data January 2018–December 2019 including creatively using Google Trends to measure severity war, examines Renminbi, bilateral stock markets.

Abstract China’s debt trap diplomacy has been debated among academia, think tanks, and the policymaking community. Unlike previous research, which mainly focuses on lending practice strategic intentions, this study looks at measurement of narrative its relations with Belt Road Initiative (BRI) China threat narratives. In particular, based Google Trends search results from 1 February 2018 to 7 November 2021, creatively created weekly time series data measure Based an autoregressive...

:This study provides an updated analysis of Chinese trust funds—a specialized and important type shadow banking. This is the first to estimate contribution funds economic growth, also examine association between volatility stock markets. It makes a novel in showing that loans play negative role interest rate passthrough from policy lending rates commercial banks.

China's debt issue has attracted extensive attention from investors and China watchers around the world. Previous studies generally concluded that credit crisis is looming. Responding to these concerns, Chinese authorities started systematically deal with its 2016. This study examines factors have contributed accumulations of debts, reviews deleveraging strategies adopted in different sectors such as non-financial corporate, financial household public sectors. concludes some positive...

Abstract Chinese consumer finance has been booming recently, especially since 2014. However, research on this topic is scant. This study presents an updated analysis, providing original, significant contributions for academics, investors, and policymakers. We explore five perspectives: (1) macroeconomics: policies adopted by the government to enhance economic growth through promoting personal consumption; (2) financial market: China’s different types of institutions their financing; (3)...

The 2019 novel Coronavirus disease (COVID-19) has greatly affected the financial markets, economies and societies around world. This study is first of its kind that focuses on Chinese stock markets. Based Google Trends data during 1 January – 12 April, 2020 by using exponential generalized autoregressive conditional heteroskedastic (EGARCH) model, this finds higher uncertainty resulting from COVID-19 can cause significant drop China's composite index, but impact varies sectors. At same time,...

Purpose On May 24, 2019, the People’s Bank of China (China’s central bank) announced that Baoshang had been taken over because credit risk. The failure has caused concerns stability Chinese financial system and economy. This study aims to examine case Bank’s its theoretical implications including relation between ownership structure bank performance, monetary transmission during a banking crisis market response failure. Then this discusses policy implications. Design/methodology/approach...

In 2021, China launched a series of reform initiatives including common prosperity, property tax, regulatory crackdown on technology firms, roadmap for peak carbon dioxide emissions and neutrality other policies aiming to improve people's lives. This study reviews each them finds that they are centred around prosperity guiding resource allocation. Based Google Trends search results, this creatively created policy indices, showing in 2021 may have experienced the most important shift since at...

From August 2017, Chinese authorities have indicated that the shantytown renovation program would gradually be scrutinized under stricter conditions due to fact this policy has enhanced rocketing real estate prices in third-tier cities. However, based on monthly data from May 2015—December study finds a higher amount of pledge supplementary lendings, which provide major funding for program, can significantly decelerate growth This finding important implications decision makers and investors as well.

Abstract The Negotiable Certificate of Deposit (NCD) is a major financial instrument in China; the value outstanding Chinese NCDs was approximately RMB8 trillion (equivalent to USD1.2 trillion) mid‐2017. This article reviews most recent developments NCD, including its effect on interest rate pass‐through and money creation. Empirical results show that introduction NCD 2014 influenced relationship between policy lending commercial banks, from banks improved subsequently. However, this process...