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China is at an historic juncture. After decades of high-speed growth, the authorities are now focusing on high …-quality growth. Whether and how this shift is carried through will determine China's development path for decades to come. Recent …
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sustainable growth. Risks. Credit and ‘shadow banking,’ local government finances, and the corporate sector— particularly real … considered low as the government has the capacity to combat potential shocks. However, without a change in the pattern of growth … government borrowing, and investment will address the risks, but also slow growth. Macro support should be calibrated to allow …
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of China. Successfully containing outbreaks also supported the gradual transition to more targeted and flexible …
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pandemic, China's growth slowed significantly in 2022. In response to slowing growth momentum, macroeconomic policies … with responsibilities. While China is a world leader in renewable energy, the unbalanced recovery and extreme weather …
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2008 is shaping up as a challenging year for Asia. Activity in most economies remains fairly buoyant, but growth in the United States and, to a lesser extent, Europe is slowing sharply. Given its extensive trade and financial linkages with the rest of the world, Asia is unlikely to delink. At...
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