The 6th Plenum of the 16th Central Committee of the Communist Party of China (CPC) concluded on October 11, 2006, with … failures (a) a hardware failure from the breakdown of an economic mechanism, a development that is analogous to the collapse of … smashing into a barrier erected by an outsider. For hardware failure we discuss the possible weakening of China's fiscal …

Viewing the Chinese economy as a speeding car, there are three types of development that could crash the car: (1) a … environmental collapse or an export collapse. The fact that China has recently declared that its most important task is to build a … development. The greatest inadequacy of the Harmonious Society vision is the absence of an objective to build a harmonious world …

competition increase as a result of China's recent accession to the World Trade Organization? Will Indonesia, Malaysia, the … model suggest that, beyond the underlying international repercussions generated by China's emergence into the international … economy, China's WTO accession per se is likely to generate additional substantial benefits for China and have little …

positive development that will lock China on to the path of deepening economic reform. We assess several recent claims of China …The desirability of WTO membership for China depends on whether its economic successes have been the result of its … discovery of new institutional forms (e.g. dual track pricing, SOE contracts, and fiscal contracts) that are optimal for China …

China has a built-in inflationary tendency because of the partially-reformed nature of its economic system … constraint is imposed on the SOEs, China's dysfunctional financial system would impart a deflationary bias to the economy and … render China a capital exporting country by constraining the growth of aggregate demand to be less than the growth of …

Just when China’s leaders receive conflicting signals of “overheating” and “below-potential growth”, they encounter … challenges have their roots in China’s inadequate marketization and continued discrimination against the domestic private sector … themselves into nonperforming loans. In partially-reformed China, public-directed investments via the state enterprises tend to …