China's economy in 1998 : maintaining growth and staving off the Asian contagion
Author(s)
Bibliographic Information
China's economy in 1998 : maintaining growth and staving off the Asian contagion
（EAI occasional paper, no. 15）
World Scientific : Singapore University Press, c1999
- : pbk
Available at / 3 libraries
-
Library, Institute of Developing Economies, Japan External Trade Organization図
: pbkAECC||33||C4014166706
-
No Libraries matched.
- Remove all filters.
Description and Table of Contents
Description
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.
Table of Contents
- China and the Asian financial crisis - an update
- China's economy in 1998.
by "Nielsen BookData"
