medium-sized enterprises (SMEs) in China. Our research contributes to the literature in several ways. First, we examine both …. Second, our study is unique in its focus on micro-enterprises, rather than large-scale listed companies in China. Lastly, we … constraints, drawn from a recent survey on SMEs in China. Our findings are twofold. On one hand, bank relationship spending …

index, the exchange rate of the Chinese yuan, and the balance sheet of the People's Bank of China (PBOC). The findings show … holds for China, implying that the PBOC's actions are a driver of the long-term CGB yield. This means that policymakers in … China have considerable leeway in fiscal and monetary operations, government deficit finance, and central government debt …

distance function to analyse the technical efficiency, potential emission reduction and shadow prices of China's industrial … carbon emissions. The results show that the technical efficiency of China's industry gradually decreased during the sample …