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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Produktdetaljer
ISBN
9781137537188
Publisert
2019
Utgiver
Vendor
Palgrave Macmillan
Språk
Product language
Engelsk
Format
Product format
Digital bok
Forfatter