China’s Innovation Challenge: Intellectual Property Rights Reform

EMILY LIN evaluates the success of recent reforms to China’s intellectual property rights regime and discusses future roadblocks to indigenous innovation. As China progressively shifts away from an export-based, growth-centric economic development model, indigenous innovation will play a critical role in determining the trajectory of growth in upcoming years. Initially, China’s growth has been spurred by low-value production of goods made for export, typically using … Continue reading China’s Innovation Challenge: Intellectual Property Rights Reform

Invisible Money: Rise and Fall of Shadow Banking in China

EMILY LIN chronicles the explosive growth and harrowing decline of shadow banking in China. China’s shadow banking sector has developed rapidly since the Global Financial Crisis in 2008, sparking intense international debate over the potential financial risks that may arise in a largely unregulated private lending market. The scale of China’s shadow banking sector is estimated to encompass roughly 43% of China’s total GDP at RMB … Continue reading Invisible Money: Rise and Fall of Shadow Banking in China