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China's property market remained stable in the first half of the year as local authorities tightened regulations to prevent speculative home purchases.
China's real effective exchange rate (REER) in 2018 is estimated to be at the same level as warranted by fundamentals and desirable policies, the IMF reiterated on Friday in the report, noting that the average REER in 2018 appreciated by about 1.4 percent relative to 2017.
China's sneaker culture is booming and enthusiasts are struggling to cope with the intense competition for their coveted shoes, Alywin Chew reports in Shanghai.
China, boasting vast resources of onshore and offshore wind energy, is one of the fastest expanding offshore wind markets and is poised to dominate the global offshore wind sector with supportive policy initiatives. It is set to dominate the global market, with the offshore wind energy sector expected to continue booming, according to GlobalData. The global offshore wind segment is likely to grow seven-fold by 2030, mainly driven by capacity additions from China, which is expected to lead with more than 25 percent of the new offshore wind capacity expected to be added by 2030, followed by the UK (16 percent) and the United States (11 percent), it said.
China's total debt level declined in 2018, but its debt-to-GDP ratio－which stood at slightly above 250 percent as of the third quarter of 2018－is still "on the high side" among major economies, Schuknecht said.
来源：资阳报