Law Commons^™

The Role And Future Of Sovereign Wealth Funds: A Trade And Investment Perspective, Locknie Hsu

Research Collection Yong Pung How School Of Law

Sovereign wealth funds ("SWFs") have been greeted with bothenthusiasm and suspicion. In one respect, they have been called "white knights," where they step in to inject financing to troubledentities.' In others, they have been called "Trojan horses" and"chameleons."

Weak Law V Strong Ties: An Empirical Study Of Business Investment, Law And Political Connections In China, Wei Zhang, Ji Li

Research Collection Yong Pung How School Of Law

Based on a large-scale survey of Chinese entrepreneurs, our study explores how institutions (formal and informal) influence investment decisions made by private companies. The study finds that, consistent with the conventional view, a more effective legal system is correlated with short-term general investment, and that the judiciary is important mainly because of its restraint over the state. The role of effective courts, however, diminishes when private entrepreneurs consider making long-term investment. We find a positive association between the entrepreneurs’ political backgrounds and their R&D investment, suggesting that Chinese courts, in spite of decades of reform, are not yet viewed as …

China: Rule-Taker, Rule-Shaker Or Rule-Maker?, Singapore Management University

Research@SMU: Connecting the Dots

Despite its ascent on the world stage, Professor Henry Gao’s research shows that China may prefer to keep a low profile in global organisations.

See his papers:

• Selected issues in TPP negotiations and implications for China
• China's ascent in global trade governance: From rule taker to rule shaker and, maybe rule maker?
• Saving the WTO from the risk of irrelevance