This book unveils the risks and challenges embedded in China's spectacular economic success and demonstrates that effective handling of these challenges is vital for China to avoid falling into "middle-income trap".
This book unveils the risks and challenges embedded in China's spectacular economic success and demonstrates that effective handling of these challenges is vital for China to avoid falling into "middle-income trap".
Charles C.L. Kwong is Dean and Professor of Economics, School of Arts and Social Sciences at The Open University of Hong Kong, where he concurrently serves as Director of the Public and Social Policy Research Centre. His research interest focuses on topics pertaining to institutional changes, economic development and the political economy of China. He publishes widely in international journals, and he is a regular media commentator on issues related to the Chinese economy.
Inhaltsangabe
Introduction 1. Transformation, Initial Success and Challenges Embedded 2. The Rural Economy: A Sector Lagging Behind 3. State-Owned Enterprises: Big and Strong? 4. The Banking Sector: Struggle between Commercial and Policy Loans 5. China and the World: A New Form of Integration 6. Population Growth and Human Capital Investment: Hindrance to Growth? 7. A Change in Development Model: A Key to Sustained Success Conclusion: Transformation and Challenges of a Rising Economic Power: From Rapid Growth to Sustained Growth
Introduction 1. Transformation, Initial Success and Challenges Embedded 2. The Rural Economy: A Sector Lagging Behind 3. State-Owned Enterprises: Big and Strong? 4. The Banking Sector: Struggle between Commercial and Policy Loans 5. China and the World: A New Form of Integration 6. Population Growth and Human Capital Investment: Hindrance to Growth? 7. A Change in Development Model: A Key to Sustained Success Conclusion: Transformation and Challenges of a Rising Economic Power: From Rapid Growth to Sustained Growth
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