The book provides key points on how China can use its new economic leverage to shape its long-term outward investment strategies in Africa and in ASEAN countries. It also proposes short-term and long-term measures to ensure the sustainability and solvency of local public financial institutions in China amid mounting government debt. This book assesses China’s latest policies to promote the Renminbi as a world reserve currency amid a global currency war, as well as analyzes China’s national pension system and labor issues in the wake of President Xi’s sweeping reforms.
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