The Chinese Economy: Transitions and Growth by Barry Naughton

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

If China's economic growth rate does not slow significantly, I wouldn't expect a lot of restraint on either side. The development of Chinese cities was fundamentally altered with the economic . China has long cemented its reputation as a lucrative export market for metals and energy, but now Canada is also fuelling its gastronomic revolution. In a paper, Li Zuojun, deputy director at the Development Research Center of the State Council (DRC) writes that after 30 years of rapid growth, China is beginning to restructure. Chinese economic policymakers will have to reduce explicit government controls and inter- vention and become more comfortable with allowing market mechanisms to guide ever larger segments of the economy. Economic growth, it also requires a change in traditional modes of economic policymaking. Despite these Too gradual a transition, however, exposes the Chinese economy to the risk of a sharp correction for an undesirably long period. 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. Urban China is a fascinating topic of study: it displays unprecedented dynamism under market transition and globalizing forces. EDUCATION NETWORKS: The Chinese economy: transitions and growth - Ultimate Resource on scholarship program,scholarship programs, scholarship search. 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. €�While China has largely recovered from the recent downturn, its impact was an important reminder that the future growth of Chinese cities is now inextricably tied to the world economy.” Growing global linkages come with tradeoffs. As Chinese data continues to deteriorate, housing continues to show weakness and bad debts rise, some take solace in the fact that this is all part of China's plan to rebalance its economy and cool growth.