According to the World Bank, global economic growth is likely to contract by two percent this year. With export markets shrinking, many have questioned whether China’s domestic economy can supplement the revenue gap.
The ninth debate in Carnegie's "Reframing China Policy" debate series, focused on China's financial sector
After thirty years of economic reform, China has achieved an unprecedented level development. But significant economic and political challenges lie ahead for the Chinese Communist Party.
The financial crisis presents China with an opportunity to replace closed factories with a cleaner high-technology industrial sector.
To rekindle growth, Beijing needs more than just an economic stimulus; it must give its people a voice so that they are free to consume.
China’s transition from an economy fueled by exports to one that relies on domestic consumption will require a transformation of its most basic economic institutions and the creation of a much larger social safety net — a process that will take many years.
China wants to look like a leader at the G20 summit by highlighting the extent of its stimulus package ($586 billion) as well as the relative health of its financial system.
China's faltering economic growth is posing the hardest test yet to the resilience of the Chinese Communist Party.
Drops in Chinese export figures and declines in world GDP suggest there will not be an economic recovery in the fourth quarter of 2009. The upcoming G-20 meeting must focus on halting the contraction as opposed to reforming the financial architecture.
An examination of the current structure of China's healthcare system, the obstacles that the regime must overcome to achieve universal healthcare, and the competing proposals for improving it.