Thanks to years of robust growth China has managed to transform itself from a struggling nation to the second largest economy in the world. But credit and subsidies have bankrolled much of that growth. When will the bubble burst?
High levels of corporate, government and household debt are undermining China’s financial stability, the IMF said in a report. It urged Beijing to halt credit-fueled growth and bulk up on banks' capital reserves.
Tensions over North Korea's nuclear ambitions and discord over the THAAD missile defense system are set to dominate the agenda when South Korean President Moon Jae-in meets his Chinese counterpart Xi Jinping this week.
The latest OECD economic outlook predicts global growth of almost 4 percent in 2018. However, it also expresses concerns over a lack of investment, which it says could dent momentum in the global recovery.
Expansion of the world's second-largest economy has cooled slightly, fresh figures from the national statistics office have shown. But there's no sign of instability as the Communist Party Congress is in full swing.
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