Tag: rebalancing

China: Becoming World’s Biggest Economy?

9 February 2021 China was the only major country to record economic growth in 2020, with GDP expanding 2.3%. Indeed, following three consecutive quarters of expansion, national output is already 6.5% above pre-Covid levels. As we approach Chinese New Year, the IMF optimistically projects 8.1% GDP growth during the year of the Ox. Likewise, I [...]

China: IMF Selected Issues

The IMF provides in-depth assessments of key policy issues.  How is the rebalancing of the economy progressing? Can the dramatic capital outflows be controlled? How are coporate deleveraging and SOE reform advancing? What steps are being taken to control coal-induced pollution? China IMF August 2016