March 1998
China’s Debts
The Asian financial crisis of 1997 has focused attention on China’s debt position. China is not a heavily indebted country. However, its debts are rising as it struggles to reform the state sector and to modernise. Prudent management of the country’s external and domestic debts is essential.
Also in this issue:
China’s recent stockmarket performance
Review of the economy in 1997 and outlook for 1998