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The Chinese Economy: Transitions and Growth Barry Naughton
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On the side of western-style democracy stood Minxin Pei, the director of the Keck Center for International and Strategic Studies at Claremont McKenna College and author of China's Trapped Transition: The Limits of Developmental Autocracy in which Pei examines the sustainability of the Chinese On the economic front, China's growth has been driven by investments at home and exports to developed countries—trends that are not sustainable in the long run. €�While China has largely recovered from the recent downturn, its impact was an important reminder that the future growth of Chinese cities is now inextricably tied to the world economy.” Growing global linkages come with tradeoffs. This comprehensive overview of the modern Chinese economy by a noted expert on Chinas economic development offers a quality and breadth of coverage not found in any other English-language text. This is rare both in China and the world. Recent signs show that the Chinese economy, which has maintained double-digit growth for three decades, is slowing down. The above chart from the Wall Street Journal highlights the major change that has already taken place in the US economy as it transitions to the New Normal. Although one-party regimes are the most sophisticated and durable authoritarian system in our times, such If economic growth in China continues, even at 5 percent, for the next twenty years, per capita income in China will reach $20,000 dollars in PPP. €�China's growth rate has exceeded 10% while the inflation rate has been kept below 3% for four years running. As China accumulated economic and strategic clout, its neighbors benefited from its rapid GDP growth, which spurred their own economies. The slowdown is expected as the China's economy is in transition and growth of 10 percent is not likely to be seen as the country is shifting from a low-income nation to a middle-income one. But when we take a longer-term view, a transition to a multi-party political system in China is a foregone conclusion. China recorded its last double-digit growth in 2010. The development of Chinese cities was fundamentally altered with the economic . EDUCATION NETWORKS: The Chinese economy: transitions and growth - Ultimate Resource on scholarship program,scholarship programs, scholarship search. I have been reading The Chinese Economy: Transitions and Growth by Barry Naughton. Recent years, it is a hot topic that if China's economy can keep growing rapidly. Urban China is a fascinating topic of study: it displays unprecedented dynamism under market transition and globalizing forces. China's consumer-led growth means that China's economy is experiencing the transition from investment-led style.