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Brain Drain to the State Sector: Job Preferences and Outcomes for China’s College Graduates

Hongbin Li, Lingsheng Meng, Yanyan Xiong, Sinclair Cook, Feb 28, 2024

Despite private enterprises dominating China’s labor market, college-educated workers are still highly concentrated in the state sector. Using data from the Chinese College Student Survey, we find that 64% of students in the sample expressed a strong preference for state-sector employment.

Anxiety or Pain? The Impact of Tariffs and Uncertainty on Chinese Firms in the Trade War

Felipe Benguria, Jaerim Choi, Deborah Swenson, Mingzhi Xu, Nov 04, 2020

We analyze the firm-level impacts of the US-China trade war since it is of great economic importance to understand how the unprecedented and dramatic increases in the import and export tariffs confronting Chinese firms affected the firm-level policy environment and firm operational outcomes. To contribute to this effort, we study how increases in US tariffs and Chinese retaliatory tariffs raised Chinese firms’ trade policy...

Why Are So Many Young Women Moving to China’s Big Cities?

Yumi Koh, Jing Li, Yifan Wu, Junjian Yi, Hanzhe Zhang, Dec 03, 2025

It’s not just about jobs. It’s also about love, status, and the marriage market.

How Credible Is Hong Kong’s Currency Peg

Urban Jermann, Bin Wei, Vivian Yue, Apr 08, 2026

Using daily spot exchange rates and derivatives prices, we estimate a peg-survival probability p and an implied fundamental value of V for HKD under an alternative regime...

China’s Health Insurance Evolution: Unpacking the Monumental Role of the NCMS

Jonathan Gruber, Mengyun Lin, Junjian Yi, Jul 31, 2024

This article discusses that the New Cooperative Medical Scheme (NCMS) implemented in China from 2003 to 2008 significantly reduced mortality rates among rural residents and greatly enhanced national health outcomes, serving as a model for developing countries in achieving universal health coverage.