Construction in China. Many local governments rely on borrowing, real estate revenue to finance spending, says Rodlauer (photo: Paul Souders/Corbis)
Chinese economic growth has been slowing in recent years. If the world’s second largest economy is to achieve sustainable, long-term growth, it needs reforms to shadow banking, local government finances and the real estate sector, say IMF economists.
International Monetary Fund
Bruce Edwards produces the IMF podcast program. He's an award-winning audio producer and journalist who's covered armed conflicts, social unrest, and natural disasters from all corners of the world. He believes economists have an important role in solving the world's problems and aspires to showcase their research in every IMF podcast.
RHODA METCALFE is an independent journalist and audio producer.
