China: Avoidin g Future Crises

June 22, 2004

  Mari Pangestu
*CSIS Economist

 

SCORES of reports have been written concerning whether China's economy is in for a soft or hard landing in the short-term. What really matters, however, is China's ability to address longer-term structural concerns and avoid the vulnerabilities that the current situation is exposing. That is, a stable and vibrant Chinese economy hinges upon the alleviation of both poor accountability and unrealisti


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