Chinese Fiscal Policy
During our trip and studies in China we discussed many aspects of their fiscal policy that were different from America's. In this paper I will discuss four specific areas I see that could be improved, and will make strategy suggestions on how to improve. The areas under discussion will be financial markets, trade surplus, foreign exchange policy, GDP/inflation risk, energy consumption and the Asian financial crisis.
Macroeconomic policies are developed and enforced by the National Development and Reform Commission and the Chinese Central Bank. In the Q1 Quarterly Update released by the World Bank May 30, the main points revolved around policy on liquidity and rebalancing the economy. The overall economy does not appear to be overheated as demand and supply are growing in lock step.
Chinese Markets
Even though the economy is not currently over-heating, Beijing is concerned about this phenomenon due to an increase in market investment, specifically, in the Shanghai Index......
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Approximate Word Count: 2236
Approximate Pages: 9 (250 words per double-spaced page)
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