This book comprises a collection of well-researched essays on selected contemporary economic and finance issues in China, making a timely contribution to the intellectual intercourse regarding the implications of Chinas rise. These essays analyze issues related to  the state of Chinas ecology, real estate market,  inbound and outbound FDI, income inequality, etc., and offer analysis on the policy and institutional causes of those issues. Readers will be able to infer their implications for business opportunities in China and the tradeoff / tension between economic growth and social welfare. Moreover, this book introduces an array of data and data sources useful to scholars and practitioners interested in studying the Chinese model of economic growth. This book will be a valuable resource to journalists and scholars trying to  gain insight into Chinas extraordinary  pace  of growth in the past three decades.

Juann Hung is an Associate Professor at International Business School Suzhou, Xian Jiaotong-Liverpool University. She has years of experience as an economist at the Federal Reserve Bank of New York, and then as the lead international analyst at the U.S. Congressional Budget Office. Her research is mainly on policy-related issues, such as effectiveness of foreign exchange intervention, macroeconomic effects of globalization, and the implications of Chinas growth model. Her research has been published as book chapters, policy and issue briefs, as well as papers in leading research journals.Yang Chenis a Lecturer at International Business School Suzhou, Xian Jiaotong-Liverpool University, China. Her research interests mainly include urban economics, Chinese economy and development issues. She has published in leading research journals such asCambridge Journal of Regions, Economy and Society, Urban Studies, Journal of Regional Science, Economic Letters, International Journal of Finance and Economics, Asia and Pacific Journal of Management, andEconomic Modelling. 

Part I Land and Debt.- 1. Fiscal Decentralization, Yardstick Competition in Determining Chinese Local Governments Land Conveyance Behavior.- 2. Determinants of the Urban Investment Bonds in China.-Part II Real Estate Sector.- 3. Chinas Housing Price: Where Are the Bubbles?.- 4. When Wanda Plaza Comes to the Yangtze River Delta: Will the Land Prices Increase?.- Part III Energy and Environment.- 5. Forecasting the Carbon Price in China Pilot Emission Trading Scheme: A Structural Time Series Approach.- 6. The Energy Paradox: Evidence from Refrigerator Market in China.-Part IV Income Inequality.- 7. Income Inequality in China and the Role of Fiscal Policies: An Empirical Study of Chinese Provincial Data.- 8. Does Economic Inequality Matter for Nationalism?.- 9. The Rise in Chinas Gender Income Inequality.- Part V Foreign Direct Investment.- 10. Inward FDI and Economic Growth: A Comparative Analysis of China Versus India.- 11. The Role of the Exchange Rate in Chinas Outward Foreign Direct Investment.- Part VI Corporate Finance.- 12. Corporate Marginal Tax Rate Estimation: Evidence Based on Chinas Listed Companies.- 13. The Optimal Model for Operating Cash Flow in Chinese Industries.