Chinese economy.

• Position: Program and Working Group Meetings

The NBER's Working Group on the Chinese Economy met in Cambridge on April 14-15. Working Group Director Shang-Jin Wei of Columbia University, Faculty Research Fellow Nancy Qian of Northwestern University, and Research Associate Daniel Xu of Duke University organized the meeting. These researchers' papers were presented and discussed:

* Jie Bai, Harvard University, "Melons as Lemons: Asymmetric Information, Consumer Learning, and Seller Reputation"

* Zhao Chen, Fudan University (Shanghai); Zhikuo Liu, Shanghai University of Finance and Economics; and Juan Carlos Suarez Serrato and Daniel Xu, Duke University and NBER, "Notching R&D Investment with Corporate Income Tax Cuts in China"

* Ernest Liu, MIT, "Industrial Policies and Economic Development"

* Bei Qin, University of Hong Kong; David Stromberg, Stockholm University; and Yanhui Wu, University of Southern California, "Media Bias in China"

* Susan Ou and Heyu Xiong, Northwestern University, "Linguistic Barriers to State Capacity and Ideology: Evidence from Communist China"

* Yu Liu, Fudan University (Beijing), and Xiaoxue Zhao, Yale University, "State Capacity and Economic Development under Capital...