The Chinese economy has entered a new phase of development in which sources of growth are not so much dependent upon pure increases in labour, investment and credit expansion, but from productivity improvement, structural changes, technological progress and the benefits from improvement of the...

Preliminary -- Contributors -- 1. China: New engine of world growth -- 2. The impact of SARS -- 3. The travails of current macroeconomic and exchange rate management -- 4. The changing pattern of economic growth -- 5. Transforming the banking sector -- 6. Financial opening and economic growth: A...