This 2016 Article IV Consultation highlights China's continued transition to sustainable growth, with progress on many fronts. Growth slowed to 6.9 percent in 2015 and is projected to moderate to 6.6 percent in 2016 owing to slower private investment and weak external demand. The economy is...

The purpose of this paper is to explore discrepancies between transfer provisions in the US model BIT, employed as a working text in the ongoing China-USA BIT negotiations, and relevant Articles of the Agreement of the IMF, to which both China and the USA are signatories, with a view to advising...

Intro -- Contents -- Acknowledgments -- Foreword, Prefacio, Avant-propos -- Executive Summary, Résumen, Résumé Analytique -- Acronyms and Abbreviations -- 1 Introduction -- China's Achievements in a Quarter-Century of Reform -- Shortcomings and Challenges -- 2 Evolution of World Bank...

China’s currency policy is one of the most hotly debated subjects in recent international monetary history. This chapter sets out the current legal framework at the International Monetary Fund (“IMF” or “Fund”) governing its members’ exchange rate policies, and the global system of...