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The Chinese Economy: Transitions and Growth by Barry Naughton

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

Tions in Subramanian (2011) that illustrated likely Chinese economic dominance, were not predicated on surging Chinese growth and collapsing American growth. Mao's death in 1976 facilitated the transition that took place under Deng Xiaoping. GDP growth rates, beginning in the middle of 2011, began to falter. Many economists have overestimated China's ability to rebound from the global economic slump. The medium-term growth projections for China and the United States, 5.5 and. Not all gifts are given freely, however. To make matters worse, this leadership transition was occurring while the Chinese economy stumbled. At a minimum it'll allow more of its citizens to buy widgets that help them get around the Great Firewall. China's working age to non-working age population ratio Jane Golley. Economic growth hopefully will bring more freedom to China's people. But it is also due to the growing place of China in international relations, following from its economic development. As the world's fastest growing economy, this has amounted to a substantial gift indeed.