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The system of revenue sharing and fiscal transfers in China by Xiao Wang and Richard Herd published by OECD (2/2013). “The main features of China’s current sub-national finance arrangements date back to the 1994 tax reform. China has a…

The document China’s Financial Sector Reform, prepared by Richard Herd, Charles Pigott and Sam Hill presents reforms to modernise and strengthen the financial sector have continued in recent years that have given rise to stronger Chinese banks. Concludes that…

OECD published A Pause in the Growth of Inequality in China? by Richard Herd. Inequality is relatively high in China by international standards, despite signs that it has lessened recently across provinces and nationwide for rural households. This points…