Can intermediate input trade liberalization affect worker health in a developing country like China, and if so, how? Do the impacts differ between skilled and unskilled workers? What are the welfare implications of input tariff reductions once health factors are considered? Professors Haichao Fan of Fudan University, Faqin Lin of China Agricultural University, and Shu Lin of the Chinese University of Hong Kong develop...
Chinese and Indian multinationals are continuously expanding their operations in Europe and the United States through cross-border acquisitions (CBAs), with the aim of tapping into international knowledge located in target firms and innovative hubs. Amendolagine, Giuliani, Martinelli, and Rabellotti have looked into impacts that CBAs have on...
China's non-financial borrowing continued to expand though the government vowed to take deleveraging among its top five policy priorities in 2016. Current member of the People's Bank of China's Monetary Policy Committee, Prof. Yiping Huang of Peking University, and his co-author Yuyan Tan of Peking University argue that resolving Zombie firms is a key for China’s deleveraging. The rising share of Zombies firms in China after 2010 reduces the financial efficiency and brings in financial market risks. Dealing with the Zombie firms is now critical for sustaining China’s long-run economic growth and managing its financial stability.
China implemented a pioneering policy in 2011, the Ecological Compensation Initiative (ECI), which establishes side payments between upstream and downstream provinces in the Xin’an River Basin.
To what extent do political relations between countries affect their economic exchange? Using evidence of China’s relations with other major powers during the period of 1990 to 2013, Yingxin Du, Jiandong Ju, Carlos D. Ramirez, and Xi Yao point out the time-aggregation bias in the existing empirical research and provide insights on the relationship between political shocks and trade.