China & World Economy Volume 29 Number 3 May–June 2021
Contents
Does the Belt and Road Initiative Increase the Carbon Emission Intensity of Participating Countries?
Yan Wu, Chunlai Chen, Cong Hu 1
Can “Concerted” Macroprudential Policies Mitigate Cross-border Contagion of Financial Risks? Evidence from China and Its Financially Connected Economies Xiaoyu Liu, Xiaoli Chen 26
How Did China Maintain Macroeconomic Stability During 1978–2018?
Ming Feng, David Daokui Li, Shuyu Wu 55
Exploring the Advantages and Disadvantages of the China–Pakistan Free Trade Agreement
Mirajul Haq, Javeria Saeed, Muhammad Akram 83
Impacts of Two Tax Reforms on Inequality and Welfare in China
Yangyang Shen, Shi Li, Xiaobing Wang 104