China's recovery has broadened as economic activity has continued to normalize. Economic growth in China is projected to reach 8.5 percent this year before slowing to 5.4 percent in 2022, as low base effects dissipate and the economy returns to trend growth. As China's recovery firms up,...

China is a global leader in the use of ecological compensation ("eco-compensation")-fiscal transfers for environmental and natural resources management. China is one of the most fiscally decentralized countries in the world, with 85 percent of government spending occurring at subnational levels....

The 19th National Congress of the Communist Party of China (CPC) reaffirmed the country's commitment to eliminating poverty and promoting shared prosperity and inclusive growth. In this regard, the China systematic country diagnostic (SCD) is supportive of the priorities of the Party Congress....

Lao People's Democratic Republic (Lao PDR) has a comparative advantage in natural capital, which has fueled economic growth averaging around 8 percent per annum since 2000. The natural resource endowment comprises half of the country's wealth. Although forest cover declined 3.6 percent between...

The Bhutan Forest Note articulates opportunities for supporting Bhutan's sustainable development aspirations, including its constitutional commitment to maintain at least 60 percent of the country's land area under forest cover and to better respond or prepare for vulnerabilities such as climate...