This paper documents facts about the structure of business taxation in China using administrative tax data from 2007 to …. Second, we evaluate whether the structure of China's tax revenue matches its stage of development. A cross-country comparison … of sources of government revenue shows that China collects a high share of tax revenue from taxes on goods and services …

financial repression in China through the introduction of a money market fund with deposit-like features available through an …

, China experienced a rapid increase in FinTech penetration in the form of offline digital payment, and our measure of FinTech …). Aggregating to the city-level, we find significant variations in Fin-Tech adoption across cities in China, owing to the gradual … spread of the new technology from Hangzhou to inner China. Examining the enhancement in risk-taking across geographical …

We use China's recent anti-corruption campaign as a natural experiment to examine the (market expected) equilibrium … consequences of (anti-)corruption. We argue that the announcement of inspections of provincial governments by the Central … Commission for Discipline Inspection (CCDI) on May 17, 2013 represents a significant departure of past norms of anti-corruption …