End of Hyper Growth in China?

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 ôstructural imbalanceö 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, ChinaÆs 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 ChinaÆs economy, and offering advice on the reforms needed to ensure continued growth.

• | Author: Jun Zhang
• | Publisher: Palgrave Macmillan
• | Publication Date: Jul 13, 2016
• | Number of Pages: 206 pages
• | Language: English
• | Binding: Hardcover/Business & Economics
• | ISBN-10: 1137537175
• | ISBN-13: 9781137537171