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Author(s): Ratna Sahay , Cheng Lim , Chikahisa Sumi , James Walsh , and Jerald Schiff
Publisher: China Financial Publishing House (CFPH)
Publication Date: 04 October 2018
Keywords: bond, markets, investment, market, financial crisis
Asia's financial systems proved resilient to the shocks from the global financial crisis, and growth since then has been strong. But new challenges have emerged in the region's economies, including demographics and...
Author(s): Anoop Singh , Malhar Nabar , and Papa N'Diaye
Publisher: China Financial Economic Publishing House
Publication Date: 19 March 2018
Keywords: Asia, current account, real interest rate, financial reform, real estate, current account surplus
China's current account surplus has declined to around one-quarter the peak reached before the global financial crisis. While this is a major reduction in China's external imbalance, it has not been accompanied by...
Author(s): W. Raphael Lam , Markus Rodlauer , and Alfred Schipke
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 20 April 2017
Keywords: China, China, People's Republic of, Economic reforms, reforms, economic success, growth model, policy frameworks, markets, market economy, soft infrastructure
China is at a critical juncture in its economic transformation as it tries to rebalance what is generally seen as an exhausted growth model. A unifying theme across the reforms that will deliver this transformation...