Avoiding the fall: China's economic restructuring
Gespeichert in:
Bibliographische Detailangaben
1. Verfasser: Pettis, Michael (VerfasserIn)
Format: Elektronisch E-Book
Sprache:English
Veröffentlicht: Washington, D.C. Carnegie Endowment for International Peace [2013]
Schlagworte:
Online-Zugang:Volltext
Beschreibung:Includes bibliographical references and index
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
Front Cover; Title Page; Copyright Information; Table of Contents; Foreword; The Limits of the Chinese Growth Model; China's Domestic Imbalances; Is Overinvestment a Problem?; Monetary Policy under Financial Repression; How Will China Rebalance?; The Mechanics of Rebalancing; How to be a China Bull; What Happens if China Revalues teh Renminbi?; Index; Back Cover
Beschreibung:1 Online-Ressource (pages cm)
ISBN:0870034081
9780870034084
1299872565
9781299872561
9780870034077
0870034073
9780870034060
0870034065

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