China’s rebalancing on hold as growth falters – IMF paper

Rebalancing is expected to continue in 2019, but income inequality and leverage could prove an issue

china-exports

China’s growth in 2017 was “uneven” and “decelerated” in many areas of the economy, a paper published by the International Monetary Fund has concluded.

Published on November 12, Rui Mano and Jiayi Zhang’s analysis into China’s growth says “temporary factors” had jolted efforts to rebalance the Asian giant’s economy last year.

“Progress was uneven: external and distributional reversed, internal saw mixed progress, and environmental progressed,” the authors explain. “The same temporary factors

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