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book (5)


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Chinese (5)


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2023 (2)

2022 (2)

2020 (1)

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Book
People’s Republic of China: Selected Issues.
Author:
Year: 2022 Publisher: Washington, D.C. : International Monetary Fund,


Book
Finance & Development, December 2020.
Author:
Year: 2020 Publisher: Washington, D.C. : International Monetary Fund,


Book
People’s Republic of China : Selected Issues.
Author:
Year: 2023 Publisher: Washington, D.C. : International Monetary Fund,


Book
People’s Republic of China : 2022 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the People’s Republic of China.
Author:
Year: 2023 Publisher: Washington, D.C. : International Monetary Fund,

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Abstract

Following an impressive recovery from the initial impact of the pandemic, China’s growth has slowed significantly in 2022. It remains under pressure as more transmissible variants have led to recurring outbreaks that have dampened mobility, the real estate crisis remains unresolved, and global demand has slowed. Macroeconomic policies have been eased appropriately, but their effectiveness has been diminished by a focus on enterprises and increasingly less effective traditional infrastructure investment rather than support to households. The pandemic and its impacts have also been a setback to economic rebalancing toward private consumption and to reducing greenhouse gas emissions. A slowdown in growth-enhancing reforms against the backdrop of increasing geoeconomic fragmentation pressures stand in the way of a much-needed lift to productivity growth, weighing on China’s medium-term growth potential.


Book
People’s Republic of China: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the People’s Republic of China.
Author:
Year: 2022 Publisher: Washington, D.C. : International Monetary Fund,

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Abstract

China’s recovery is well advanced—but it lacks balance and momentum has slowed, reflecting the rapid withdrawal of fiscal support, lagging consumption amid recurrent COVID-19 outbreaks despite a successful vaccination campaign, and slowing real estate investment following policy efforts to reduce leverage in the property sector. Regulatory measures targeting the technology sector, intended to enhance competition, consumer privacy, and data governance, have increased policy uncertainty. China’s climate strategy has begun to take shape with the release of detailed action plans. Productivity growth is declining as decoupling pressures are increasing, while a stalling of key structural reforms and rebalancing are delaying the transition to “high-quality”—balanced, inclusive and green—growth.

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