China is the most decentralized country in the world in terms of expenditures shares, with subnational governments …, but are crucial so that the government can support China's continued development and prosperity …

carries risks. International experience suggests that China's credit growth is on a dangerous trajectory, with increasing … risks of a disruptive adjustment and/or a marked growth slowdown. Several China-specific factors-high savings, current …

China and Australia have increasingly strong links, especially through trade. These are driven by demand from China for … Australian commodities (coal and iron ore) and services (tourism and education). These links are influenced by China's transition …, three risks (both upside and downside) to China during this transition process are considered, focusing on their spillovers …

China has experienced rapid economic growth over the past two decades and is on the brink of eradicating poverty …. However, income inequality increased sharply from the early 1980s and rendered China among the most unequal countries in the … world. This trend has started to reverse as China has experienced a modest decline in inequality since 2008. This paper …

wider effort of Supply-Side Structural Reforms. Around the same time, producer price inflation in China started to pick up …

Local governments play a significant role in China's public finance and fiscal operations. The size of local government … debt has grown rapidly over the past years, exceeding the stock of sovereign debt in China. How does this development …

booming sector create a misallocation of managerial talent. Using comprehensive firm-level data from China, I first provide …

The paper models international spillovers from a hypothetical drop of China's imports as a result of China … shock, which are largely unaccounted for in the existing literature. Such effects include direct spillovers from China on … its trading partners, subsequent spillins among them, and spillbacks on China itself. The paper finds that the network …