End of Hyper Growth in China

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End of Hyper Growth in China
pdf | 3.02 MB | English | Author :Jun Zhang | B01ICPYC7Q | 2016 | Palgrave Macmillan; 1st ed. 2016 edition

Book Description :

[spoiler]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.*[/spoiler]

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