Mon premier blog

The Chinese Economy: Transitions and Growth Barry Naughton
Publisher:

Naughton, Barry (2007), The Chinese Economy: Transitions and Growth. EDUCATION NETWORKS: The Chinese economy: transitions and growth - Ultimate Resource on scholarship program,scholarship programs, scholarship search. Contrary to the conventional wisdom that China's economic growth has been driven by exports, it is investment that actually contributes the most. Independent news, analysis and commentary on the world's most exciting economy . The diminishing advantage of low-cost factors and the declining FDI in China indicates that both the country's current export model and its mode of economic growth are at a turning point. €�China's growth rate has exceeded 10% while the inflation rate has been kept below 3% for four years running. These agreements will tear down tariff and non-tariff trade barriers to American goods and services, achieve far greater transparency in China's regulatory practices, and enable the United States to benefit from the economic dynamism of Asia - the new "engine" for global growth. As China accumulated economic and strategic clout, its neighbors benefited from its rapid GDP growth, which spurred their own economies. Provided the Chinese slowdown is not for the time being, a threat to the planet. In handling the trade relations with China, it has been suggested to impose duties on the export of raw materials and import of manufactured goods. Donald Gross discusses China's political transition and its effect on Sino-US relations. This is rare both in China and the world. Transition towards China's growth model being driven by consumer spending will give rise to much greater volatility when it comes to managing the economy and bring about a step-change down in the rates of GDP growth.