Yiping Huang

TL;DR: The Belt & Road Initiative is China's greatest international economic ambition, aiming at stimulating economic development in a vast region covering sub regions in Asia, Europe and Africa, which accounts for 64% of the world population and 30% of world GDP.

TL;DR: In this paper, the authors argue that the original AMC design will not be successful in resolving the existing nonperforming loans, nor will it prevent the creation of new bad loans, and they recommend a modification of the current proposal that redefines the relationships between the parent banks and the AMCs by transferring the deposits of problem enterprises along with their non-performing loans from parent banks to AMCs.

TL;DR: Wang et al. as mentioned in this paper found that Chinese ODI was not concentrated in industries that performed well either in exporting or domestically, and traditional variables, such as market size, production cost and legal environment, did not impact Chinese investors' choice of location for ODI.

TL;DR: Zhang et al. as discussed by the authors found that government investment boosted the performance of zombie firms and crowded out the growth of private firms; they also found that the higher the concentration of state banks and of state-owned enterprises, the more conducive is the environment for nurturing zombie firms.