China s Economy in 1998 is popular PDF and ePub book, written by John Wong in 1999-04-12, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, China s Economy in 1998 can be Read Online from any device for your convenience.
China s Economy in 1998 Book PDF Summary
As the financial crisis swept the Asia-Pacific, China seemed to be the one economy in the region which had been left “largely unaffected” for various reasons, including its strong economic and financial fundamentals as well as its strong political will to defend the Renminbi, which had so far firmly stood the ground. However, China's economy ended 1998 with only 7.8% growth, slightly falling short of its officially pledged target of 8%. Though China in 1998 was still rated as the best-performing economy in the region, its economic growth momentum had visibly slowed down. The Asian contagion had finally caught up with China. It is not certain if the Chinese economy is entering a slower growth era though, in the short run, China can boost economic growth by expanding domestic demand. Slower economic growth for the country will have significant negative effects on its economic reform programmes and social stability. Contents:China and the Asian Financial Crisis: An UpdateChina's Economy in 1998 Readership: General. Keywords:
Detail Book of China s Economy in 1998 PDF
- Author : John Wong
- Release : 12 April 1999
- Publisher : World Scientific
- ISBN : 9789814494663
- Genre : Business & Economics
- Total Page : 48 pages
- Language : English
- PDF File Size : 13,5 Mb
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