Background: Many Chinese literatures compared the size and structure of fiscal expenditure between China and the … structure in 2012 of China's full-covered fiscal expenditure. Furthermore, I compared the size of China's fiscal expenditure … with OECD countries. Results: I find - as China is going through the "dual-peak" period, the peak of infrastructure …

In November 2002, the 16th National Congress of the Communist Party of China proposed a blueprint of building a … comprehensive well-off society in an all-round way in 2020. Since 2003, China's economic strength has been significantly enhanced … proposed a series of solutions. This period is also the stage of improving and deepening China's financial reform. Great …

This paper examines the fiscal and monetary policy options available to China as a sovereign currency-issuing nation … operating in a dollar standard world. We first summarize a number of issues facing China, including the possibility of slower … policy space open to China. …

Local government debt in China is increasing and presents a great threat to China's financial stability. In China … to be shifted from the central government to the local governments. Resolving China's local government debt problem … afford any spending denominated in its own currency, China's central government should bear a greater fiscal burden. …