Avoiding the Fall: China's Economic Restructuring

Avoiding the Fall: China's Economic Restructuring

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.

Country	USA
Author	Michael Pettis
Binding	Kindle Edition
EISBN	9780870034084
Format	Kindle eBook
Label	Carnegie Endowment for Int'l Peace
Manufacturer	Carnegie Endowment for Int'l Peace
NumberOfPages	172
PublicationDate	2013-09-24
Publisher	Carnegie Endowment for Int'l Peace
ReleaseDate	2013-09-24
Studio	Carnegie Endowment for Int'l Peace

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