China's Economy in 1998

China's Economy in 1998

Maintaining Growth and Staving Off the Asian Contagion

eBook - 1999
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As the financial crisis swept the Asia-Pacific, China seemed to be the one economy in the region which had been left "largely unaffected" for various reasons, including its strong economic and financial fundamentals as well as its strong political will to defend the Renminbi, which had so far firmly stood the ground. However, China's economy ended 1998 with only 7.8% growth, slightly falling short of its officially pledged target of 8%. Though China in 1998 was still rated as the best-performing economy in the region, its economic growth momentum had visibly slowed down. The Asian contagion ha.
Publisher: Singapore ; River Edge, NJ : World Scientific, 1999
ISBN: 9789812815194
Characteristics: 1 online resource


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