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The Chinese Economy: Transitions and Growth by Barry Naughton

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

President High growth in recent decades has boosted China's economy and confidence. Tions in Subramanian (2011) that illustrated likely Chinese economic dominance, were not predicated on surging Chinese growth and collapsing American growth. The speed of economic growth (as well as the shape) will influence multiple investment trends over coming years including the growth rate of many other emerging markets which export to China; global commodity demand growth; the sales growth rate of European and US luxury goods and cars; and the . These platform companies borrowed heavily from banks during the stimulus, financing a rapid build out of infrastructure that helped sustain economic growth despite the ongoing global turmoil. Urban China is a fascinating topic of study: it displays unprecedented dynamism under market transition and globalizing forces. The medium-term growth projections for China and the United States, 5.5 and. €�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. Last week saw the completion of China's leadership transition, with Xi Jinping as the new President and Li Keqiang the new Premier. That conclusion is supported by two key factors which suggest that China's transition from high trend growth to lower trend growth is probably already underway. The development of Chinese cities was fundamentally altered with the economic .