China's economic Ideas

China is rebalancing its economy to focus more on domestic consumption than exports in order to achieve its growth target, Premier Wen Jiabao has said. Addressing an Asian regional forum in southern China, he announced a $10 billion fund for infrastructure projects in south-east Asia. China's economic performance and its influence abroad have become the focus of attention at the annual conference in Hainan Province so there is no doubt that they are trying to remedy possible imbalances.