Cover IMF Staff Country Reports
People’s Republic of China-Hong Kong Special Administrative Region: Staff Report for the 2000 Article IV Consultation Discussions
Author: International Monetary Fund
Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2001: Issue 043
Language:
English
Publication Date:
02 Mar 2001
DOI:
https://doi.org/10.5089/9781451807752.002
ISBN:
9781451807752
ISSN:
1934-7685
Pages:
35
Keywords:
ISCR; CR; Hong Kong SAR; director; factor price flexibility; commercial credit reference agency; rate; fiscal policy; GDP growth; real GDP; financial system; interest rate; trend rate; current account; Fiscal stance; Exports; Income; Currency boards
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The People's Republic of China showed an impressive rapid economic recovery following the Asian crisis. Executive Directors commended the prudent banking practice, and stressed the need to maintain fiscal and monetary stances. They appreciated the Hong Kong Special Administrative Region's (SAR) rules-based approach to economic policy and the country's participation in the Financial Sector Assessment Program. They welcomed Hong Kong SAR's compliance with the Special Data Dissemination Standard, and urged the authorities to present monetary survey and fiscal accounts on a standardized international format.
Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund