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The Chinese Economy: Transitions and Growth by Barry Naughton

The Chinese Economy: Transitions and Growth Barry Naughton ebook
Page: 504
Publisher:
ISBN: 0262140950, 9781429455343
Format: pdf

The Chinese economy is undergoing a massive transition. Download The Chinese Economy: Transitions and Growth. Of course, there are frictions, so the transition to the new growth model could reduce growth temporarily. Amidst increased domestic concern over inequality and corruption, GFI's study raises serious questions about the stability of the Chinese economy merely two weeks before the once-in-a-decade leadership transition. The Chinese Economy: Transitions and Growth. One consequence of the ensuing drift in the Likewise, the Chinese system is showing the limitations of the current economic growth model that has propelled its steady rise. Presidential election cycle and China's once-in-a-decade leadership transition left both leaderships struggling to sustain momentum in the relationship in the face of powerful forces drawing their respective gazes inward. The Chinese Economy: Transitions and Growth by Barry Naughton. The country is trying to diversify its economic growth engine from purely exports to an increasingly domestic-oriented economy. The volume of trade misinvoicing between mainland China and the United States rose to US$72.0 billion before the financial crisis of 2008, but has declined since then, probably as a result of lower growth in bilateral trade between the countries. Lardy, an authority on China and its economy, about his book “Sustaining China's Economic Growth After the Global Financial Crisis.” Rebalancing would thus change the sources of demand but not necessarily reduce the long-run rate of economic growth.