Whats next for the Chinese economy?

• Autores: Yasheng Huang
• Localización: MIT Sloan management review, ISSN 1532-9194, Vol. 55, Nº 4, 2014, págs. 35-39
• Idioma: inglés
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• Resumen

  • After a period of remarkable growth, China faces substantial challenges. There is evidence that China is hitting the wall of diminishing returns with a growth model that relies heavily on exports and investments in fixed assets and infrastructure. It is harder to grow a country's economy after the country has attained middle-income status, and the author argues that China needs both political and economic reforms to move to the next stages of its development.