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Item Details
| Title:
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AVOIDING THE FALL
CHINA'S ECONOMIC RESTRUCTURING |
| By: |
Michael Pettis |
| Format: |
Electronic book text |
| List price:
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£13.18 |
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We currently do not stock this item, please contact the publisher directly for
further information.
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| ISBN 10: |
0870034081 |
| ISBN 13: |
9780870034084 |
| Publisher: |
CARNEGIE ENDOWMENT FOR INTERNATIONAL PEACE |
| Pub. date: |
24 September, 2013 |
| Pages: |
172 |
| Synopsis: |
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. |
| Publication: |
US |
| Imprint: |
Carnegie Endowment for International Peace |
| Returns: |
Non-returnable |
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