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

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 fallCarnegie Endowment for International Peace2013

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