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Profs Jennifer Carpenter and Robert Whitelaw’s research on the Chinese stock market is cited

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Excerpt from The Wall Street Journal -- "'It’s very counterintuitive,' said Prof. Jennifer N. Carpenter, whose recent research at New York University Stern School of Business shows prices of Chinese stocks are comparable to U.S. share prices as an indicator of future corporate profits. 'Reforms have been rolling out over the last decade, and markets have gotten better and better functioning.'"

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Additional coverage in China Economic Review