China utilizes its banks, choosing growth over reform

Article Abstract:

The Interest rate policies of the Chinese government bears watching for it is a sure signal of the commitment of the government for free-market reforms. One alarming development in the Chinese economic scene is the decision of the government to increase deposit rates and decrease lending rates. This development, coupled with a directive to Chinese banks by the government to lend to regional governments and infrastructure projects is a clear indication of the Chinese government's decision to prioritize economic growth over economic reform. A move in this direction may jeopardize investments from the international community, and halt the reform of the Chinese economy, which could also lead to a slowdown.

China, Economic policy, Interest rates

---

Is Keizo Obuchi Japan's low-key reformer?

Article Abstract:

The potential of newly-elected Japanese Prime Minister Keizo Obuchi in igniting the economic recovery of Japan lies not in his experience in managing economic matters but more on his ability at political consensus-building which will ensure the passage of economic reform legislation. Obuchi's Liberal Democratic Party has committed itself to fiscal reform, which is most important if Japan is to realize itself out of its banking industry mess. Obuchi's ability to hold the party to this course of legislation, as well as some in the opposition party, will ensure the passage of important economic reform bills, which will institutionalize economic recovery.

Politics NEC, Japan, Beliefs, opinions and attitudes, Obuchi, Keizo, Politics

---

Similar abstracts:

• Abstracts: Vietnam struggles with continuing economic reform. Australia stumbles on the path to economic reform. If you explain it, they will come around
• Abstracts: The Tiananmen generation is waiting in the wings. Debating reform policy without extremism. Time for a Northeast Asian security order
• Abstracts: Surat's travails exemplify the woes of Thai companies. Business stirs debate over Internet suffixes. Discount ticket seller H.I.S. has plans to begin passenger flights in Japan
• Abstracts: The invisible man: anthropology. The first Americans. An anthropology of happiness
• Abstracts: Understanding your ground. Cultivating a living continuity

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.