Avoiding the fall
China's economic restructuring
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Author
Contributions
- Carnegie Endowment for International Peace - Contributor
Publication
2013 - Carnegie Endowment for International Peace, Washington, D.C, District of Columbia
Language
English
Word Count
39,750 words, Guess
Page Count
159 pages
Identifiers
- Open LibraryOL31132921M
- ISBN-139780870034077
- OCLC Control Number833630638
- Library of Congress Control Number2013009506
Classifications
- DDC330.951
- LCCHC427.95 .P48 2013
Description
"The days of rapid economic growth in China are over. Mounting debt and rising internal distortions mean that rebalancing is inevitable. Beijing has no choice but to take significant steps to restructure its economy. The only question is how to proceed. Michael Pettis debunks the lingering bullish expectations for China's economic rise and details Beijing's options. The urgent task of shifting toward greater domestic consumption will come with political costs, but Beijing must increase household income and reduce its reliance on investment to avoid a fall."--P. [4] of cover.
Subjects
Other Editions
- Avoiding the fall
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