Navigating Choppy Waters : China's Economic Decisionmaking at a Time of Transition.

Navigating Choppy Waters -- Contents -- List of Acronyms -- Acknowledgments -- Executive Summary -- 1. Introduction: China's New Economic Navigators -- 2. China's Economy at an Inflection Point -- The Chinese Economic Miracle -- The Need for a New Growth Model -- The Third Plenum Reform Agenda -- 3. China's Economic Policymaking Apparatus -- The Communist Party -- The State Council -- Operational Consequences -- Structural Changes under Xi Jinping -- 4. Traditional Characteristics of Chinese Economic Policymaking -- Coordination Challenges -- Center-Local Relations -- Experimentation -- External Pressure -- 5. Decisionmaking in the Financial Sector -- Introduction -- The Evolution of China's Financial System -- China's Financial Regulatory Institutions -- Case Studies -- The Xi Administration's Approach to Financial Reform -- 6. Assessing Policymaking under Xi Jinping -- Centralized Economic Decisionmaking -- Fragmented Policy Implementation -- Comprehensive, Inconclusive -- 7. Implications for Chinese Economic Reform -- China's Economic Challenges and the Imperative of Reform -- Implications of the Xi Administration's Policymaking Style -- Obstacles to Successful Implementation -- Progress Likely, but Risks Abound -- 8. Recommendations for the U.S. Government -- Engaging with China -- Organizing the U.S. Government -- Appendix I: The Comprehensively Deepening Reform Leading Small Group -- Appendix II: The Central Finance and Economics Leading Small Group -- Appendix III: China's Formal Government Structure -- Appendix IV: Major Regular Events in the CCP Political Cycle and the National Five-Year Plan -- Appendix V: Key Meetings in China's Policymaking Calendar -- About the Authors.

China faces increasing economic headwinds that call into question not only its near-term growth outlook but the longer-term sustainability of its economic success.

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Electronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2024. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries.