End of Hyper Growth in China?

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Synopsis

In this book, Dr. Jun Zhang rebuts the widely-held view that Chinese economic growth is unsustainable due to low consumption and a reliance on exports and enormous fixed-asset investments. Though many believe this “structural imbalance” of the Chinese economy will become a serious problem in the long run, Zhang holds a bullish long-term outlook owing to China's long-term economic development. For Zhang, China’s structural problems are greatly exaggerated and certain structures, such as regional governing entities, ensure that China will not face the same economic issues that Japan encountered. Through regional competition, regional governments will persevere; Zhang predicts that China will overtake the US as a superpower. Zhang concludes by acknowledging the real dangers facing China’s economy, and offering advice on the reforms needed to ensure continued growth.

Book details

Edition:
1st ed. 2016
Author:
Jun Zhang
ISBN:
9781137537188
Related ISBNs:
9781137537171
Publisher:
Palgrave Macmillan US, New York
Pages:
N/A
Reading age:
Not specified
Includes images:
Yes
Date of addition:
2021-04-10
Usage restrictions:
Copyright
Copyright date:
2016
Copyright by:
Jun Zhang 
Adult content:
No
Language:
English
Categories:
Business and Finance, Nonfiction