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The Chinese Economy: Transitions and Growth by Barry Naughton

The Chinese Economy: Transitions and Growth Barry Naughton ebook
Publisher:
ISBN: 0262140950, 9781429455343
Format: pdf
Page: 504

Both countries are continent-sized economies with Such constraints on future economic development are reflections of the growth model according to which the Chinese economy was built. Logic of Economic Reform in China, California Series on Social Choice and Political Economy ; 24 (Berkeley: University of California Press,. China has long cemented its reputation as a lucrative export market for metals and energy, but now Canada is also fuelling its gastronomic revolution. €�While China has largely recovered from the recent downturn, its impact was an important reminder that the future growth of Chinese cities is now inextricably tied to the world economy.” Growing global linkages come with tradeoffs. China also needs to shift its economy away from energy-intensive sectors, like the country's fast-growing, mammoth steel industry, and toward more energy-efficient, high-tech, and service industries. The development of Chinese cities was fundamentally altered with the economic . Much like the United States, China has an “all of the above” energy strategy: it plans to continue to rely on traditional sources of energy even as it makes the transition to cleaner fuels. These platform companies borrowed heavily from banks during the stimulus, financing a rapid build out of infrastructure that helped sustain economic growth despite the ongoing global turmoil. This comprehensive overview of the modern Chinese economy by a noted expert on Chinas economic development offers a quality and breadth of coverage not found in any other English-language text. 1993), Barry Naughton, The Chinese Economy : Transitions and. Urban China is a fascinating topic of study: it displays unprecedented dynamism under market transition and globalizing forces. Today, China Of course, China will bear significant transition costs with factory closures and job losses in these industries, but such restructuring can help expand labor-intensive and greener sectors, such as health care, tourism, and professional services.