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The Chinese Economy: Transitions and Growth Barry Naughton
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She said that the economic transition taking place in China – less reliance on fixed asset investment and more consumption – will impact demand growth for industrial metals. SPEECH – CHINESE ECONOMIC GROWTH AND IMPLICATIONS FOR THE AUSTRALIAN ECONOMY. Download The Chinese Economy: Transitions and Growth. China is likely the site of world economic growth's last stand. The Chinese Economy: Transitions and Growth by Barry Naughton. Second, China's leadership transition will turn out to be relatively smooth later this year and the new leadership under President Xi Jinping will continue to embrace the economic transformation project outlined above. Growth reaccelerates once the economy works through the transition from the export-driven, manufacturing-heavy model that typically fuels fast early growth. This nation, together with Founded in 2003, Post Carbon Institute is leading the transition to a more resilient, equitable, and sustainable world. Many economists have overestimated China's ability to rebound from the global economic slump. For some countries this drop in growth was temporary. However, a more significant underlying cause is the fact that China's economic transition may have already started. Address to the Africa Down Under Conference Perth. A few points call for special attention. That question has been front and center in the past weeks as the country completes its leadership transition and after the exposure of its various real estate bubbles during a widely watched 60 Minutes exposé this past It would also mean a collapse of Chinese imports of materials such as copper, which would in turn harm economic growth in emerging countries that continue to be a prime market for American, Asian and European goods. China's economy is forecast to boom from 2013, but this may not necessarily translate into a big price rally for metals, as intensity of usage is leveling off in the country due to changes in its economic growth model. The Chinese Economy: Transitions and Growth.