A considerable literature exists on the measurement of income inequality in China and its increasing trend. Much less is known about the driving forces of this trend and their quantitative contributions. Conventional decompositions, by factor components or by population subgroups, provide only...

China's huge trade surplus has attracted much interest around the globe from people of different walks of life. What has contributed to China's trade surplus has been a puzzle. Many researchers have attempted to discover the determinants that are responsible for China's trade imbalance but their...