Launched in 2017 the Green Belt and Road policy acts as an important upgrade to China's recent core foreign strategy (i.e., the Belt and Road Initiative) and aims to balance the economic development and environmental harmony in countries along the routes. In this paper, we take the...

Based on three waves of a nationwide household survey in China, we demonstrate that social networks facilitate household financial market participation and risky asset holding. By constructing an index that considers various dimensions of social networks, our extensive empirical analysis...