China: why the country’s economy has hit a wall – and what it plans to do about it

By Hong Bo, Professor of Financial Economics, SOAS, University of London

China’s annual parliamentary meetings in Beijing came to a close on March 11. They were conducted under great pressure: a weak economy and high expectations from both the domestic public and international observers as to what the government can do to get the economy out of the woods.

The country’s leaders did not shy away from mentioning all of the economic problems facing China. But they also attempted to boost the morale of the Chinese public by outlining how the country would march into the next chapter…

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