Avoiding the fall : China's economic restructuring
著者
書誌事項
Avoiding the fall : China's economic restructuring
Carnegie Endowment for International Peace, c2013
- : cloth
- : pbk
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注記
Includes bibliographical references and index
内容説明・目次
内容説明
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.
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