Analysis and Projection of China's Economic Conditions, 2008-2009
(5,008 words)

I. Basic Features of the Economic Situation in 2008

A. The Trend of Continuous Economic Growth Has Reversed and Is Starting to Fall

China's economic growth had been upward since 2003, shifting from 10 percent to 11.9 percent in 2007. In the meanwhile, price levels also rose considerably in 2007. Macroeconomic control policy therefore focused on controlling the excessive gro…

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Zhang, Liqun, “Analysis and Projection of China's Economic Conditions, 2008-2009”, in: Chinese Research Perspectives Online, Edited by: International Advisory Board Chinese Research Perspectives Online. Consulted online on 17 December 2017 <>

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