PublishedCarnegie Endowment F, September 2013 |
ISBN9780870034077 |
FormatSoftcover, 260 pages |
Dimensions22.9cm × 15.2cm |
It is increasingly accepted that China's growth model, which served it very well in the 1980s and 1990s, reached its useful limit during the past decade. As a result, although China continued to post spectacular GDP growth numbers, this growth came with a cost-unsustainable imbalances and even faster growth in debt.
With China's new generation of leaders formally taking power in early 2013, it clearly must restructure its development model to achieve a very different kind of growth. A Chinese rebalancing is inevitable and the most interesting question is how it will occur.
