China & World Economy Volume 27 Number 3 May–June 2019
Contets
Forty Years Development of China’s Outward Foreign Direct Investment: Retrospect and the Challenges Ahead
Bijun Wang, Kailin Gao 1
Personal Income Tax Reform in China in 2018 and Its Impact on Income Distribution
Peng Zhan, Shi Li, Xiaojing Xu 25
Policy Analysis and Development Evaluation of Digital Trade: An International Comparison
Shuzhong Ma, Jiwen Guo, Hongsheng Zhang 49
Do Political Connections Promote Innovation in Environmentally Polluting Enterprises?
Jianhua Zhang, Xiaoqing Li, Hung-Gay Fung, Penghua Qiao 76
Fiscal Decentralization or Centralization: Diverging Paths of Chinese Cities
Shiming Yang 102
The Impact of the US Interest Rate Hike on Emerging Market Economies and the Belt and Road Initiative
Shuyu Wu, Biliang Hu, Qingzhong Pan 126