That being said, China continues to suffer from structural problems such as excess capacity and there are uncertainties surrounding the outlook. Even if the Chinese economy were to recover, uncertainty remains to what extent this recovery would push up other economies in East Asia.
 Against the background of an increase in public debt as a share of GDP, a major fiscal adjustment has been announced for 2017 and subsequent years. Indeed, the strict implementation of these measures should allow  2  Integrated by representatives of the Banco de México and the Secretaría de Hacienda y Crédito Público.