Book Details
Format
Hardback or Cased Book
ISBN-10
1137537175
ISBN-13
9781137537171
Edition
1st ed. 2016
Publisher
Palgrave Macmillan
Imprint
Palgrave Macmillan
Country of Manufacture
GB
Country of Publication
GB
Publication Date
Jul 13th, 2016
Print length
187 Pages
Product Classification:
AsiaEconomic growthEconomic systems & structuresEconomic systems and structures
Ksh 18,000.00
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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.
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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