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Financial markets are eager for any signal of monetary policy from the People's Bank of China (PBC). The importance of … effective monetary policy communication will only increase as China continues to liberalize its financial system and open its …
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regulatory measures that China has adopted to incentivize air quality improvement: publishing a daily air pollution index (API …) for major cities since 2000 and linking the API to performance evaluations of local governments. In particular, China … alternative measures of air pollution - namely visibility as reported by the China Meteorological Administration (CMA) and Aerosol …
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