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Sponsored Design Multi-Agent AI Systems Using MCP and A2A: Engineer your own Pyt Design Multi-Agent AI Systems Using MCP and A2A: Engineer your own Pyt

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Peng Xiao

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Open access Sep 2026

Climate Risk and Firms' Shadow Relocation: Evidence From China

Using recruitment big data matched to Chinese listed firms and their subsidiaries, covering 26,439 firm‐year observations from 2014 to 2023, we find that parent firms exposed to higher climate risk rarely relocate their registered locations. Instead, they reallocate employment toward subsidiaries located in lower‐ris...

Xin-Zi Xia, Jian-Xiang Zhang, Peng Xiao · 0 citations

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