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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During its transition to the current policy regime, it grew extremely fast, yet remains poor. 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. 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. Decades of rapid economic growth granted legitimacy to the Chinese Communist Party and helped minimize social unrest. At a minimum it'll allow more of its citizens to buy widgets that help them get around the Great Firewall. Today, they are particularly focused on the uncertainties associated with the Chinese leadership transition, and on the economic slowdown this year. As the country prepares for only its second organized transfer of power since 1949 the incoming leadership Our hope remains that China's transition to a more sustainable trajectory will be measured, peaceful and as smooth as possible. No sane American can wish China ill. I travel to China fairly often, and it sure looks like a fast growing East Asian economy, even in the interior of the country. 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. China's growing military capabilities now threaten to upset that order in ways that, ironically, could complicate China's security environment at the same time as slowing economic growth intensifies its internal challenges. China's defense Economic growth is slowing; as the World Bank and others have argued, China must undergo an economic transition to a more sustainable development model that will necessarily require political reform. Economic growth hopefully will bring more freedom to China's people. The Chinese government is getting serious about ending the state's parasitic role in the Chinese economy, reports the New York Times. 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.