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New Year’s resolutions

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February 2008

Ken DeWoskin Improved policymaking and larger capital outflows will be among the themes of 2008 in China

Many of the challenges China faces in the New Year have been gestating for a decade. But by 2007, the country found itself at a crossroads, at once among the world’s richest and the world’s poorest nations. Leaders accelerated efforts to improve the sorry lot of the entrenched rural poor and, at the same time, found themselves with more than US$1.6 trillion in foreign exchange reserves and overseeing the fastest production of billionaires anywhere on Earth.

The time between ...

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