This paper highlights the difference between statutory and effective tax rates in the value added tax in China, and explores the role of administrative discretion in generating this difference. In China, unlike in Europe where the VAT originated, there can be significant differences between...

This paper highlights the severity of China’s AD problems, and high concentration of AD actions taken by the top initiators, noting that China can offer a higher level of economic integration in an RTA in exchange for improved regional AD provisions. Case studies on RTAs give precedents in...

The impacts of the 2008 financial crisis on China / John Whalley -- How can the G20 better support global governance? A Chinese perspective / Yuyan Zhang and Huifang Tian -- The Chinese savings rate: causes and implications for imbalances / Yuezhou Cai and Tongsan Wang -- Labour market reform,...