In this study we investigated informal transactions amongst Chinese farmers through the lens of social interactions. Along these lines we developed a theoretical model to investigate kindness and the conditions under which a fairness equilibrium in informal credit markets might operate. We use...

In the modern era, China's rural credit landscape is transforming at a dizzying rate, but, in terms of financial development, these changes represent a second attempt in the past 100 years to reform China's credit institutions and provide credit access to farmers. The first period was during the...

Adopting an evidenced-based approach, this paper seeks to examine the usage of external business services by small and medium-sized enterprises (SMEs) in China. The empirical data are based on the first large-scale survey of small businesses (around 500 in each city) and service providers...