End of Hyper Growth in China?
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End of Hyper Growth in China?

SKU: 9781137537188

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Additional information

Full Title

End of Hyper Growth in China?
Author(s)

Jun Zhang
Edition
ISBN

9781137537188, 9781137537171
Publisher

Palgrave Macmillan
Format

PDF and EPUB

Description

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.  

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