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The emergence of severe acute respiratory syndrome (SARS) underscored the importance of influenza detection and response in China. From 2004, the Chinese National Influenza Center (CNIC) and the United States Centers for Disease Control and Prevention (USCDC) initiated Cooperative Agreements to build capacity in influenza surveillance in China.From 2004 to 2014, CNIC and USCDC collaborated on the...
Drawing on risk mitigation theory, this article examines whether the improvement of firms’ social performance reduces debt financing costs (CDFs) in China, the world’s largest emerging market. Employing both the ordinary least square (OLS) and the two-stage instrumental variable regression methods, we find that improved corporate social responsibility (CSR) reduces the CDF when firms’ CSR investment...
China is one of the countries which is often affected by kinds of natural disasters. In China, More than 458 cities and more than 50% of the population are distributed in natural disaster-prone areas. As a developing country, China should take this as a warning. It is important to establish a complete post-disaster reconstruction and rehabilitation system to respond to sudden natural disasters. In...
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