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The Chinese Economy: Transitions and Growth by Barry Naughton

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

But surely this couldn't also hold . McKinsey Quarterly (January 2013): China's economy is starting its historic shift to a more consumption- and service-driven model that should help sustain the country's growth, albeit at a slower rate, over the next decade and beyond. Philip highlights three mutually reinforcing paths of transformation ahead in the Chinese economy. Then Sunday's New York Times featured an article on China's Economic Empire by Heriberto Araujo and Juan Pablo Cardenal, authors of China's Silent Army: The Pioneers, Traders, Fixers, and Workers Who Are Remaking The reserve currency makes America vulnerable to the off-shoring of its tradable industries as a result of currency manipulation, and that such manipulation by China and others is causing the loss of 2-3 percent of U.S. The Chinese Economy: Transitions and Growth. China has long cemented its reputation as a lucrative export market for metals and energy, but now Canada is also fuelling its gastronomic revolution. The Chinese Economy: Transitions and Growth by Barry Naughton. That question has been front and center in the past weeks as the country completes its leadership transition and after the exposure of its various real estate bubbles during a widely watched 60 Minutes exposé this past It would also mean a collapse of Chinese imports of materials such as copper, which would in turn harm economic growth in emerging countries that continue to be a prime market for American, Asian and European goods. The Chinese Coal Bubble - The Huffington Post. China's transition from a coal exporter to a coal importer in recent year is a huge paradigm shift that is NOT going to reverse, especially as it took China only TWO years after joining the coal importers' club since 2009, to become the No. China also needs to shift its economy away from energy-intensive sectors, like the country's fast-growing, mammoth steel industry, and toward more energy-efficient, high-tech, and service industries. Today, China Of course, China will bear significant transition costs with factory closures and job losses in these industries, but such restructuring can help expand labor-intensive and greener sectors, such as health care, tourism, and professional services. Download The Chinese Economy: Transitions and Growth. First, a structural slowdown of growth looks clearly to be in the cards. 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. Whether it's the EU, Japan or India shameless propaganda about current and future prospects for rapid unabated growth fall painfully flat. 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.