The Chinese Economy: Transitions and Growth Barry Naughton
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€Conversely, exporters of agricultural products, such as According to Six, a rapid shift could cause a steeper decline in China's overall GDP and import growth rates, leading to a fall in SSA commodity exports to the country. 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. €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. Tions in Subramanian (2011) that illustrated likely Chinese economic dominance, were not predicated on surging Chinese growth and collapsing American growth. But when we take a longer-term view, a transition to a multi-party political system in China is a foregone conclusion. Placing the volume in context, the preface pays homage to previous books that have focused on China, notably Barry Naughton's The Chinese Economy: Transitions and Growth. The medium-term growth projections for China and the United States, 5.5 and. 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. Urban China is a fascinating topic of study: it displays unprecedented dynamism under market transition and globalizing forces. The S&P's report, “For sub-Saharan Africa, China's rebalancing poses risks and opportunities”, indicated agricultural exports from Ghana stands to gain from the new China economic transition. The development of Chinese cities was fundamentally altered with the economic . Although one-party regimes are the most sophisticated and durable authoritarian system in our times, such If economic growth in China continues, even at 5 percent, for the next twenty years, per capita income in China will reach $20,000 dollars in PPP.