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The Chinese Economy: Transitions and Growth Barry Naughton
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China's defense Economic growth is slowing; as the World Bank and others have argued, China must undergo an economic transition to a more sustainable development model that will necessarily require political reform. Logic of Economic Reform in China, California Series on Social Choice and Political Economy ; 24 (Berkeley: University of California Press,. China's working age to non-working age population ratio Jane Golley. Growth reaccelerates once the economy works through the transition from the export-driven, manufacturing-heavy model that typically fuels fast early growth. Decades of rapid economic growth granted legitimacy to the Chinese Communist Party and helped minimize social unrest. As the world's fastest growing economy, this has amounted to a substantial gift indeed. Not all gifts are given freely, however. China recorded its last double-digit growth in 2010. China's transition from a coal exporter to a coal importer in recent year is a huge paradigm shift that is NOT going to reverse, especially as it took China only TWO years after joining the coal importers' club since 2009, to become the No. The Chinese Coal Bubble - The Huffington Post. Whether it's the EU, Japan or India shameless propaganda about current and future prospects for rapid unabated growth fall painfully flat. No sane American can wish China ill. China's growing military capabilities now threaten to upset that order in ways that, ironically, could complicate China's security environment at the same time as slowing economic growth intensifies its internal challenges. The S&P's report, “For sub-Saharan Africa, China's rebalancing poses risks and opportunities”, indicated agricultural exports from Ghana stands to gain from the new China economic transition. 1993), Barry Naughton, The Chinese Economy : Transitions and. The country's balance sheet continues to deteriorate – and the most recent growth spurt implies faster deterioration – and this, ultimately, is the main constraint of the Chinese growth model." SHCOMP vs HSI or Industrial Output vs Doing so of course will only make the adjustment longer and more painful, but given how difficult politically the transition to a balanced economy is likely to be, we would be crazy to expect otherwise. As the country prepares for only its second organized transfer of power since 1949 the incoming leadership Our hope remains that China's transition to a more sustainable trajectory will be measured, peaceful and as smooth as possible. For some countries this drop in growth was temporary. Recent signs show that the Chinese economy, which has maintained double-digit growth for three decades, is slowing down. These platform companies borrowed heavily from banks during the stimulus, financing a rapid build out of infrastructure that helped sustain economic growth despite the ongoing global turmoil. €�Conversely, exporters of agricultural products, such as According to Six, a rapid shift could cause a steeper decline in China's overall GDP and import growth rates, leading to a fall in SSA commodity exports to the country. But surely this couldn't also hold .