China and the U.S. should “strengthen macroeconomic policy coordination, and jointly promote world economic recovery and growth,” Wang told Donilon today, according to a statement on the Chinese Foreign Ministry’s website.
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Macro-economic policies should be stabilized and micro controls in some sectors should be loosened, the Politburo Standing Committee said after what Xinhua said was a “special session” on the economy.
This paper investigates macroprudential policies and their role in containing systemic risk in China. It shows that China faces systemic risk in both the time (procyclicality) and cross-sectional (contagion) dimensions. The former is reflected as...
Recent simulations by the Organisation for Economic Co-operation and Development suggest that China could maintain high, though gradually easing, growth during the current decade, averaging 8 percent in per capita terms.
Worries continue to swirl around the Chinese and global economies, and China’s growth is slowing at the end of 2011. However, the news from China in the third quarter of 2011 was basically positive: inflationary pressures eased while growth...
In May and June 2011, an International Monetary Fund staff team held discussions in Chengdu, Shanghai, and Beijing, which this report documents. The consultation examined China’s macroeconomic outlook, the potential for a property price bubble,...
The United States and China are now the two largest economies in the world. The relationship between the two countries is multifaceted and goes well beyond economic relations, but questions of macroeconomic imbalances have remained at the heart...
