This book provides a detailed and up-to- date analysis of the current and near-future domestic economic situation in China based on the concept of “New Normal”, which was first proposed by Chinese President Xi Jinping and which is commonly used in discussions on China’s current economy....

Background: Intuitively speaking, there is an inverse proportional relationship between exports and overcapacity, which means in export’s busy season, enterprises would expand output and improve capacity utilization rate but control yields to avoid dull sale in slack season, causing...