Urbanisation in China has long been held back by various restrictions on land and internal migration but has taken off …-urban income differential has narrowed. Urbanisation also entails costs, however, notably in the form of congestion, all the more …

housing policies for the higher-income band have turned out to be unsuccessful. Hong Kong, China also aims to assist public …This paper analyzes the housing markets and housing policies in Hong Kong, China and the People's Republic of China … considerably. Hong Kong, China has adopted a railway and property development model, which involves close collaboration between the …

equilibrium in the early stage of China's development. The regionally decentralized authoritarian regime of China features lower …-level government officials competing for promotion to a higher level in the government by generating local economic growth, and calls … for high-powered incentives to elicit effort from the the officials. However, this is at odds with the generally low …