Enhancing financial stability amid slowing growth in China

By Margit Molnar and Ben Westmore, China Desk, OECD Economics Department Growth in China has been slowing gradually, but GDP per capita remains on course to almost double between 2010 and 2020. As a result, the Chinese economy will remain the major driver of global growth for the foreseeable future. Patterns across the country vary, … More Enhancing financial stability amid slowing growth in China

An immediate Chinese challenge: further addressing vast income inequality

by Ben Westmore, China Desk, OECD Economics Department The goal of the Chinese government to achieve a “moderately prosperous society in all respects” by 2020 is centred around improving social welfare throughout the population. One of the essential ingredients to doing this is a further reduction in economic inequality. As underlined in the OECD 2017 … More An immediate Chinese challenge: further addressing vast income inequality