The drifting of China’s reforms. Economic policy during Xi Jinping’s first term. OSW Point of View 63 April 2017

Jakóbowski, Jakub (2017) The drifting of China’s reforms. Economic policy during Xi Jinping’s first term. OSW Point of View 63 April 2017. UNSPECIFIED.

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Abstract

The slackening pace of important economic reforms, as well as the stimulus measures taken in response to the 2008 crisis to boost investments, have all led to a huge build-up of debt and created imbalances in the Chinese economy, including in the financial markets and the industrial sector. The new generation of Chinese leadership has previously shown a strong ambition to overcome the status quo and resume reforms, setting out a new economic reform agenda in 2013.

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