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第五題:Political transitions on both sides of the Pacific will figure heavily in China’s efforts tokeep its economy on track in 2017. Uncertainty over what U.S. President-elect DonaldTrump will do with trade policy once he takes office is overshadowing the outlook forChina and the rest of Asia in myriad ways. At the same time, China has its own politics toconsider: With the once-in-five years Communist Party Congress coming in fall, theleadership in Beijing will be hell-bent on keeping growth on an even keel. The latest datasuggest that China has once again fended off a “hard landing,” at least for now. Trump’sunorthodox stances on trade and his antagonistic comments about Beijing are anunpleasant distraction for Chinese planners trying to fine-tune policy to keep growth fromfaltering while at the same time reducing risks of excess speculative investment in theproperty sector. 【20 分】

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