We conducted a randomized field experiment of informational nudges in northern China to investigate the potential obstacles that may hinder households from adopting cleaner heating, and evaluate the effectiveness of simple SMS nudges in encouraging the transition to electric heating.
China’s strategy for internationalizing the renminbi involves controlling the access of foreign investors to the domestic bond market.
Industrial robots are often discussed primarily in terms of their employment effects. New evidence from China shows that automation has also delivered substantial improvements in workplace safety, with sharp reductions in accidents and fatalities.
China’s exports have increased dramatically in recent decades. We build a multi-sector spatial general equilibrium model and combine rich data sources to account for China’s export surge between 1990 and 2005 from three policy changes: China’s import tariffs, tariffs imposed on China’s exports, and barriers to internal migration in China. We find that the three policy changes jointly accounted for 30% of China’s export growth between 1990 and 2005 and that there is a positive interaction between tariff and migration policies.
This article discusses that patriotism could be an alternative source of trust in government and financial institutions, particularly during challenging times.