After more than 30 years of extraordinary growth, the Chinese economy is shifting onto a more conventional development path. The difficult rebalancing now under way could lead to an economy that's stronger than ever.
For Zhang Monan's latest contributions to The Japan Times, see below:
It is becoming increasingly apparent that the massive economic-stimulus package that China's government launched in the midst of the global recession has generated significant risk for China's banking system.
China must re-establish its competitiveness by positioning itself at the top of the global value chain, which implies the need to promote trade and upgrade its industrial infrastructure.