What is Behind China's Latest National Balance Sheet

What is Behind China's Latest National Balance Sheet

Author: Yang Li

Publisher:

Published: 2018

Total Pages: 0

ISBN-13: 9781844645046

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Based on the existing compilation framework, this report tries to update the main data and focuses on China's economic development and restructuring process during the period from 2012 to 2014; intends to deeply explore the challenges in the process of stabilizing economic growth, adjusting economic structure, transforming development mode and controlling economic risks, especially in the process of deleverage and the controlling of financial risks; and puts forward policy proposals for resolving the balance sheet risks. This report also collects the experts' speeches on the symposium, which point out the way to perfect the compilation of the national balance sheet and give advice on how to make a better analysis and application of the national balance sheet. (Series: China Advanced Research and Analysis Series) [Subject: Macroeconomics, Economics, Economic Development, Asian Studies]


China's National Balance Sheet

China's National Balance Sheet

Author: Yang Li

Publisher: Springer

Published: 2017-06-08

Total Pages: 363

ISBN-13: 981104385X

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With the goal of perfecting the national governance system and raising the country’s governance capability, this book systematically analyzes the characteristics and trajectory of China’s economic expansion and structural adjustment, while also assessing a variety of short-term debt and long-term economic performance and financial risks. In addition to discussing the market-oriented reform process at the stage of economic development, institutional and structural characteristics, it presents research on the country as a whole, its residents, non-financial corporations, financial institutions and central banks, the central government, local government, and other external sectors. On the basis of extensive data, the book analyzes the national and sectoral balance sheets in China and explores a number of major issues the country is currently facing, such as sustainable development, government restructuring, local debt, welfare reform, openness and stability of the financial system, etc., as well as suitable policy measures and institutional arrangements for addressing them.


China: The Balance Sheet

China: The Balance Sheet

Author: C. Fred Bergsten

Publisher: PublicAffairs

Published: 2007-03-13

Total Pages: 226

ISBN-13: 1586485350

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China's emergence as a major international power is perhaps the most important development in world affairs of the 21st century. Now, this book provides an indispensable survey of that country, the world's largest-- a vast land with 1.4 billion people and the world's most dynamic economy. Over the past year, Dr. Bates Gill, C. Fred Bergsten, Nicholas R. Lardy, and Derek Mitchell have led four task forces through a rigorous exercise of investigation and intelligence, compiling and analyzing the authoritative data on China's economy, foreign and domestic policy, and national security. Now that material has been shaped into an accessible narrative filled with facts, but written for the general reader. The expert judgements presented in China: The Balance Sheet will inform policymakers in Washintgon, scholars and the business community for years to come.


China's National Balance Sheet (2015): Leverage Adjustment and Risk Management

China's National Balance Sheet (2015): Leverage Adjustment and Risk Management

Author: Yang Li

Publisher: Springer

Published: 2018-03-22

Total Pages: 248

ISBN-13: 9811077339

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The book aims at perfecting the national governance system and improving national governance ability. It evaluates the balance sheets of the state and residents, non-financial corporations, financial institutions and the central bank, the central government, local government and external sectors – the goal being to provide a systematic analysis of the characteristics and trajectory of China’s economic expansion and structural adjustment, as well as objective assessments of short and long-term economic operations, debt risks and financial risks with regard to the institutional and structural characteristics of economic development in market-oriented reform. It puts forward a preliminary analysis of China’s national and sectoral balance sheets on the basis of scientific estimates of various kinds of data, analyzes from a new perspective the major issues that are currently troubling China – development sustainability, government transformation, local government debt, welfare reform, and the financial opening-up and stability – and explores corresponding policies, measures, and institutional arrangements.


Managing Financial Risks Amid China's Economic Slowdown

Managing Financial Risks Amid China's Economic Slowdown

Author: Yang Li

Publisher: Springer Nature

Published: 2019-10-01

Total Pages: 183

ISBN-13: 9811357528

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The book is based on the research concerning China’s National Balance Sheet (NBS) which is conducted by NIFD, the unique research groups in China focusing on NBS. The relative data have been quoted by the IMF, Chinese government sectors, influential investment banks at home and abroad. This book offers readers a unique edited work that systematically presents solutions to manage financial risk in the context of the current situation in China.


Rising Inequality in China

Rising Inequality in China

Author: Shi Li

Publisher: Cambridge University Press

Published: 2013-10-31

Total Pages: 531

ISBN-13: 1107002915

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This book examines the evolution of economic inequality in China from 2002 to 2007; a sequel to Inequality and Public Policy in China (2008).


Fiscal Policy and the Government Balance Sheet in China

Fiscal Policy and the Government Balance Sheet in China

Author: Mr. Waikei R Lam

Publisher: International Monetary Fund

Published: 2023-08-04

Total Pages: 55

ISBN-13:

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In this paper, we present the most comprehensive estimates of China’s government balance sheet to date. Based on these estimates, we show how major shifts in fiscal policy over the last two decades have shaped the health of the public sector prior to the Covid-19 pandemic. We find that, at US$12.5 trillion, China has the largest stock of financial assets in the world. However, its net financial worth as a percent of GDP—though still higher than the large majority of countries—has declined over the last decade. This trend can be traced back to the turn of the century when China undertook a major restructuring of its state-owned enterprises but left important shortcomings in the intergovernmental fiscal system unaddressed. Compounding these risks, reform momentum stalled in the aftermath of the global financial crisis leading to high leverage and falling profitability among state-owned enterprises.


China: The Balance Sheet

China: The Balance Sheet

Author: C. Fred Bergsten

Publisher: PublicAffairs

Published: 2007-03-13

Total Pages: 226

ISBN-13: 1586485350

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China's emergence as a major international power is perhaps the most important development in world affairs of the 21st century. Now, this book provides an indispensable survey of that country, the world's largest-- a vast land with 1.4 billion people and the world's most dynamic economy. Over the past year, Dr. Bates Gill, C. Fred Bergsten, Nicholas R. Lardy, and Derek Mitchell have led four task forces through a rigorous exercise of investigation and intelligence, compiling and analyzing the authoritative data on China's economy, foreign and domestic policy, and national security. Now that material has been shaped into an accessible narrative filled with facts, but written for the general reader. The expert judgements presented in China: The Balance Sheet will inform policymakers in Washintgon, scholars and the business community for years to come.


Resolving China’s Corporate Debt Problem

Resolving China’s Corporate Debt Problem

Author: Wojciech Maliszewski

Publisher: International Monetary Fund

Published: 2016-10-14

Total Pages: 43

ISBN-13: 1475545282

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Corporate credit growth in China has been excessive in recent years. This credit boom is related to the large increase in investment after the Global Financial Crisis. Investment efficiency has fallen and the financial performance of corporates has deteriorated steadily, affecting asset quality in financial institutions. The corporate debt problem should be addressed urgently with a comprehensive strategy. Key elements should include identifying companies in financial difficulties, proactively recognizing losses in the financial system, burden sharing, corporate restructuring and governance reform, hardening budget constraints, and facilitating market entry. A proactive strategy would trade off short-term economic pain for larger longer-term gain.


China's Rise

China's Rise

Author: C. Fred Bergsten

Publisher: Peterson Institute

Published: 2009

Total Pages: 292

ISBN-13: 0881324345

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Helps the United States and the rest of the world better comprehend the facts and dynamics underpinning China's rise. This book analyzes the data on China's economy, foreign and domestic policy, and national security.