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China’s Rebalancing: Recent Progress, Prospects and Policies

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Listed:
  • Rui Mano
  • Jiayi Zhang

Abstract

While China’s growth gathered momentum in 2017, rebalancing was uneven and decelerated along many dimensions reflecting the temporary factors behind the growth pickup. Going forward, rebalancing is expected to proceed as these temporary factors recede, but elevated income inequality and leverage will remain a challenge. The authorities are already pursuing several pro-rebalancing policies which could be expanded to support each dimension of rebalancing while reducing trade-offs between them.

Suggested Citation

  • Rui Mano & Jiayi Zhang, 2018. "China’s Rebalancing: Recent Progress, Prospects and Policies," IMF Working Papers 2018/243, International Monetary Fund.
    • Handle: RePEc:imf:imfwpa:2018/243
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    References listed on IDEAS

    as
    1. Linxi Chen & Ding Ding & Rui Mano, 2018. "China’s Capacity Reduction Reform and Its Impact on Producer Prices," IMF Working Papers 2018/216, International Monetary Fund.
    2. Ms. Longmei Zhang & Mr. R. Brooks & Ding Ding & Haiyan Ding & Hui He & Jing Lu & Rui Mano, 2018. "China’s High Savings: Drivers, Prospects, and Policies," IMF Working Papers 2018/277, International Monetary Fund.
    3. Ms. Sonali Jain-Chandra & Niny Khor & Rui Mano & Johanna Schauer & Mr. Philippe Wingender & Juzhong Zhuang, 2018. "Inequality in China – Trends, Drivers and Policy Remedies," IMF Working Papers 2018/127, International Monetary Fund.
    4. Mr. Philippe Wingender, 2018. "Intergovernmental Fiscal Reform in China," IMF Working Papers 2018/088, International Monetary Fund.
    5. Nicholas R. Lardy & Nicholas Borst, 2013. "A Blueprint for Rebalancing the Chinese Economy," Policy Briefs PB13-2, Peterson Institute for International Economics.
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    Cited by:

    1. Xu Bing & Moritz Roth & Daniel Santabárbara, 2019. "Global impact of a slowdown in China," Economic Bulletin, Banco de España, issue DEC.

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