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BEIJING REVIEW, NO.48 NOVEMBER 26, 2020
 
Member countries should lend their full-throttle support 
to enhance BRICS cooperation
Xu Xiujun

The 12th BRICS Summit in session via video link on November 17(XINHUA)

The virtual summit of the emerging-market bloc that groups Brazil, Russia, India, China, and South Africa (BRICS) convened on November 17.......
When the novel coronavirus broke out, the world was undergoing changes in the international order. The rapid spread of the virus has accelerated this process....
China & World Economy / 125–150, Vol. 28, No. 6, 2020 

The Impacts of Highly Resourced Vocational Schools 
on Student Outcomes in China 

Guirong Li, Jiajia Xu, Liying Li, Zhaolei Shi, Hongmei Yi, James Chu, Elena Kardanova, Yanyan Li, Prashant Loyalka, Scott Rozelle 

Abstract 
Policymakers in developing countries have prioritized the mass expan......
China & World Economy / 101–124, Vol. 28, No. 6, 2020

Public Health Insurance and Farm Labor Supply: Evidence 
from China’s Rural Health Insurance Reform Tianyuan Luo, Cesar L. Escalante

Abstract
This study examines the impact of China’s public health insurance program on the farm employment decisions of the rural population. Using a differenc......
China & World Economy Volume 28 Number 6 November–December 2020 
 
Contents
 
The US Unanticipated Costs of Decoupling from China 
Jun Zhang, Shuo Shi 1 

Effects of Imports and Exports on China’s PM2.5 Pollution 
Zhaohua Li, Ziwei Fang, Zhuyu Tang 28 

The Threshold Effect of Factor Price Distortion on Technological Content of Exports: Evidence ......
China & World Economy / 28–50, Vol. 28, No. 6, 2020 

Effects of Imports and Exports on China’s PM2.5 
Pollution Zhaohua Li, Ziwei Fang, Zhuyu Tang 

Abstract 
This paper examines the effects of imports and exports on China’s PM2.5 pollution using data from 31 provinces during the period 2001–2016. At the aggregate level, our analysis shows tha......
China & World Economy / 1–27, Vol. 28, No. 6, 2020 

The US Unanticipated Costs of Decoupling from China Jun Zhang, Shuo Shi 

Abstract 
The decoupling policies enforced by the Trump Administration aim to break the US economic relationship with China. Those policies, however, are escalating strategic costs for the US in at least three unantic-ipat......
China & World Economy / 78–100, Vol. 28, No. 6, 2020 

Too Connected to Fail? Evidence from a Chinese Financial Risk 
Spillover Network Yu Chen, Jie Hu, Weiping Zhang 

Abstract 
This paper focuses on volatility spillover effects and considers the issue of how to measure the connect-edness of networks among financial firms. To assess the network c......
China & World Economy / 51–77, Vol. 28, No. 6, 2020 

The Threshold Effect of Factor Price Distortion on Technolog-ical Content 
of Exports: Evidence from China 
Jiancai Pi, Daqiang Song 

Abstract 
Using panel data from 31 provinces in China, covering the period from 2003 to 2017, this article analyzes the threshold effect of factor price distort......
The Diplomat  2020.11.20
 
The Long-Term Implications of Ant Group’s Delayed IPO

In the long run, the regulation of Ant Group will contribute to a more stable 
– and thus more favorable – business environment in China.
Pan Yuanyuan
 
The classic bestseller “Godfather” cited Balzac’s sentiment at the beginning of the story: “Behind every gre......
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