People’s Republic of China : Staff Report for the 2006 Article IV Consultation

Author/Editor:

International Monetary Fund

Publication Date:

October 31, 2006

Electronic Access:

Free Full Text (PDF file size is 946 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

Prospects for the future remain favorable, provided that policy actions are taken to address the risks and challenges that China faces. The government recognizes the need to contain investment and credit growth, and has tightened the monetary policy in response. Greater exchange rate flexibility will play a role in contributing to an orderly process for resolving global current account imbalances. Center-local fiscal relations need to be reformed, and such reform will help to rebalance the economy and spread the benefits of growth.

Series:

Country Report No. 06/394

Subject:

English

Publication Date:

October 31, 2006

ISBN/ISSN:

9781451807813/1934-7685

Stock No:

1CHNEA2006001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

74

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