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Internationalizing Like China

Chris Clayton, Amanda Dos Santos, Matteo Maggiori, Jesse Schreger, Feb 08, 2023

China’s strategy for internationalizing the renminbi involves controlling the access of foreign investors to the domestic bond market.

The Burden of Education Costs in China: A Struggle for All, but Heavier for Lower-Income Families

Dezhuang Hu, Hongbin Li, Tang Li, Lingsheng Meng, Binh Thai Nguyen, Mar 27, 2024

Household education expenditure in China accounts for a substantial portion of household income, averaging around 17.1%, and it is inversely related to household income. As a necessity, education expenditure imposes excessively high costs on lower-income families. China needs to formulate policies to alleviate the financial burden on families, reform the school system, and enhance educational equity.

Social Media Engagement Increases Government Action, Decreases Pollution

Mark Buntaine, Michael Greenstone, Guojun He, Mengdi Liu, Shaoda Wang, Bing Zhang, Dec 14, 2022

In China, citizen participation in environmental governance via social media could significantly improve regulatory effort, leading to substantial environmental benefits.

Migration,Tariffs,and China’s Export Surge

Chen Liu, Xiao Ma, Oct 18, 2023

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.

Returnees and Innovation: Evidence from Chinese Publicly Listed Firms

Yibo Qiao, Andrea Ascani, Stefano Breschi, Andrea Morrison, Jan 05, 2024

We investigate the relationship between high-skill returnees and innovation of Chinese publicly listed firms.