The Chinese Economy: Transitions and Growth by Barry Naughton

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

He feels that the US downgrade may lead to an acceleration of the economic transition in China. Mao's death in 1976 facilitated the transition that took place under Deng Xiaoping. As Chinese data continues to deteriorate, housing continues to show weakness and bad debts rise, some take solace in the fact that this is all part of China's plan to rebalance its economy and cool growth. The development of Chinese cities was fundamentally altered with the economic . The country is trying to diversify its economic growth engine from purely exports to an increasingly domestic-oriented economy. I travel to China fairly often, and it sure looks like a fast growing East Asian economy, even in the interior of the country. During its transition to the current policy regime, it grew extremely fast, yet remains poor. EDUCATION NETWORKS: The Chinese economy: transitions and growth - Ultimate Resource on scholarship program,scholarship programs, scholarship search. But it is also due to the growing place of China in international relations, following from its economic development. Urban China is a fascinating topic of study: it displays unprecedented dynamism under market transition and globalizing forces. The Chinese economy is undergoing a massive transition. Growth reaccelerates once the economy works through the transition from the export-driven, manufacturing-heavy model that typically fuels fast early growth. €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. In a paper, Li Zuojun, deputy director at the Development Research Center of the State Council (DRC) writes that after 30 years of rapid growth, China is beginning to restructure. For some countries this drop in growth was temporary. Many economists have overestimated China's ability to rebound from the global economic slump.