ENGLISH

Structural Change and Moderating Growth in the People's Republic of China : Implications for Developing Asia and Beyond

By Asian Development Bank

Book information

Publisher
Asian Development Bank Institute
Year
2016
ISBN
9789292577025, 9789292577018
Language
english
Format
EPUB
Filesize
5 MB (5072427 bytes)
Edition
1
Pages
50\0
Time added
2023-08-18 13:05:31

Description

The People's Republic of China (PRC) is currently undergoing a number of structural and cyclical changes, which have wide-ranging implications for economic activity in the PRC, the rest of developing Asia, and the world. This report assesses the effects of these changes on the rest of the region and the world, looking closely at various channels of transmission including commodity prices, trade, and production. The continued moderation of growth in the PRC could knock off a third of a percentage point a year in growth for the rest of developing Asia over the next 2 years. Changes in PRC economic activity significantly affect commodity prices, but the estimated impact varies by commodity. This report discusses how developing Asia's policy-makers can respond to the challenges and opportunities presented by these changes.

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