The Chinese Economy: Transitions and Growth. Barry Naughton

The Chinese Economy: Transitions and Growth


The.Chinese.Economy.Transitions.and.Growth.pdf
ISBN: 0262140950,9781429455343 | 504 pages | 13 Mb


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The Chinese Economy: Transitions and Growth Barry Naughton
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GDP growth rates, beginning in the middle of 2011, began to falter. The result of the debt bust and additional complicating factors is that there is no single economic growth engine akin to the U.S. €�Conversely, exporters of agricultural products, such as According to Six, a rapid shift could cause a steeper decline in China's overall GDP and import growth rates, leading to a fall in SSA commodity exports to the country. To make matters worse, this leadership transition was occurring while the Chinese economy stumbled. Today, they are particularly focused on the uncertainties associated with the Chinese leadership transition, and on the economic slowdown this year. The immediate risk facing Mr Li is a prolonged economic downturn if the current stimulus, Domestic investors are more momentum driven, and typically more short-term in focus. €�No one can forecast with confidence the future of the Chinese economy,” he said. We are stuck in a The answer to the first challenge lies in the transition to an investment- and production-led economic growth strategy that leverages U.S. When I chat with people about China's economic growth, I often hear a story that goes like this: The main driver's behind China's growth is that it uses a combination of cheap labor and an undervalued exchange rate to create huge trade surpluses. A few points call for special attention. Access to excess global capital to rebuild America. However, a more significant underlying cause is the fact that China's economic transition may have already started. It's Mr Li who will be responsible for combating the country's slowing economic growth and, with it, potentially the fate of the world's economy. High and sustained GDP growth rates were based on elevated The metamorphosis of the dragon may involve painful growing pains, including the risks of a hard landing that many analysts attribute to the current transition. Economy in the late 1990s (post-Asian crisis) or the Chinese economy (post 2008-09) to pull the world economy out of its malaise. The S&P's report, “For sub-Saharan Africa, China's rebalancing poses risks and opportunities”, indicated agricultural exports from Ghana stands to gain from the new China economic transition. The Chinese pattern of rapid growth with structural change has been accompanied by rising economic imbalances, just as the main pillars of growth seem to be gradually weakening.