This book applies a new theoretical framework based on a balance sheet approach and macro-financial linkage analysis to analyse macroeconomic trends in China for 2020. Uncertainties brought about by Covid19 have necessitated a policy of steady growth.
Zhang Xiaojing is a professor of economics and director of Institute of Finance & Banking (IFB), Chinese Academy of Social Sciences (CASS); director of National Institution for Finance & Development (NIFD); and a member of Chinese Economists 50 Forum. His research interests are open economy macroeconomics, macro finance, and development economics.
Wang Pinda is a graduate of Peking University. His research interests include labor economics and macroeconomics. He has translated books about macroeconomic policies of China.