China's rise has been the economic success story of the past four decades but economic growth has been slowing and domestic imbalances have widened. This paper analyses the recent evolution of China's imbalances, the risks they pose to the economic outlook and the potential impact of a...

Private consumption is a key component in the rebalancing of growth that China is seeking, and a challenging one. Not only for the 1.3 bn. Chinese citizens, but it could make an important contribution in addressing global imbalances. Understanding what drove the consumption share down to a mere...

China's economy slowed significantly in the first three quarters of 2012 and questions have been raised on a possible hard landing. While recent early indicators have shown signs of improvement in the most recent months, it is essential to understand what is driving this slowdown and how lasting...