Using data on Chinese listed companies for 2008-2018, we find that firms participating in overseas operations, proxied by overseas subsidiaries, generally have higher financial asset allocations than other firms. At the micro level, the effects are more pronounced when the parent company faces...

This manual seeks to serve statistical experts and users alike as a comprehensive reference to the world of foreign affiliates statistics (FATS). It provides an overview of FATS population, statistical units, concepts and variables while highlighting the features introduced by a new regulatory...