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‘Soft’ Infrastructure Is Crucial for Stable and Balanced Growth in China

2019-03-26T11:48:38-04:00March 2, 2017|

By iMFdirect

Version in 中文 (Chinese)

An important attribute of China’s remarkable record of economic growth has been the creation of an astonishing network of “hard” infrastructure, like roads, power stations, and communication networks. Now, China needs to move toward a new stage of reforms designed to help rebalance its economy. The stakes for global prosperity are high—China is the second largest economy and contributes one-third of the world’s growth.  […]

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