We examine the effect of large-scale administrative reorganization in China, where counties are annexed into cities to accommodate urban growth.
Exploiting China’s WTO accession as a quasi-natural experiment, this study finds that reduced trade policy uncertainty (TPU) in a major destination market promotes domestic entrepreneurial activities in China
Local fiscal policies have been very effective in China since 2000.
Using the unique institutional feature of government regulations in China, we provide robust evidence that firms with a larger employment size have significantly better access to bond credit.
The article discusses how house prices have affected China's birth rate and explores the implications for the country's housing market and demographic future.