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China’s New Normal
China’s Transition To Slower But Better Growth
China is moving to a “new normal” of slower yet safer and more sustainable growth. This involves giving the market a more decisive role in the economy, says the IMF in its annual assessment of the economy. China’s growth is expected to be 6.8 percent in 2015, down from 7.4 percent last year. This slowdown, … Continue reading
Still A Long Way To Go For China’s “New Normal”
By Ross Garnaut China’s old model of growth produced the strongest, most resource-intensive economic growth the world has ever seen. But the period in which China’s growth dominated world demand for energy and metals and lifted global commodities prices to unprecedented levels has come to an end. This is most decisive for commodities like coal, … Continue reading
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