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612-822-4611
China: Regaining Growth Momentum after the Pandemic

China: Regaining Growth Momentum after the Pandemic

Paperback

Series: China Update

EconomicsInternational Relations

Publisher Price: $49.99

ISBN10: 1760466778
ISBN13: 9781760466770
Publisher: Anu Press
Published: Dec 12 2024
Pages: 322
Weight: 1.23
Height: 0.67 Width: 7.00 Depth: 10.00
Language: English

The slower growth of the Chinese economy in the aftermath of the pandemic has prompted the Chinese Government to adopt measures to boost domestic consumption and deepen structural reform, with the effectiveness of such policies beginning to be felt. However, China still faces challenges that will affect its growth dynamics down the track. These include the slowdown of its real estate sector, the complex internal and external environments for macroeconomic policy, the high level of income inequality, weak growth in investment by the private sector, negative population growth, high levels of debt, deglobalisation, weakness in the financial sector and equity markets, the inadequacy of its fiscal system and the imperative to decarbonise the economy. China must confront these challenges to maintain growth momentum and achieve higher levels of income and living standards.

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Song, Ligang

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Economics