OEF Rapid Review Articles
The Chinese economy stabilized during the middle of 2016, but there is disagreement about the country’s growth outlook. Three forces are likely to determine economic trends in 2017: property development, infrastructure spending and manufacturing investment, but they bring with them much uncertainty about the future of economic policy. China’s challenge is not how to support the creation of new industries but how to facilitate the smooth exit of old industries. And this begs the question: will the government have the courage to bankrupt those inefficient and unprofitable zombie State Owned Enterprises?
LINK TO THE SOURCE ARTICLE:
China: Difficult Economic Policy Choices For 2017
LINK TO THE SOURCE ARTICLE:
China: Difficult Economic Policy Choices For 2017