The

Culture

Articles on arts and cultures.

  1. Econ: Looking Into China’s Consumption Voucher Scheme and Why It Failed

    Since the Chinese government got the COVID-19 outbreak under control, local governments in China have been issuing “consumption vouchers” or “consumption coupons” to their citizens. But experts have expressed concerns about the voucher scheme, mainly in terms of its economic effect, social ramifications, and potential unfairness. Now that the scheme is largely over, it seems apropos to examine the evidence we have and understand why it failed.

    Yihan Xu