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China is now the world's second largest economy, and it is expected to overtake the United States to become the largest … by 2020. What are the implications for the global environment and climate change if China surpasses the United States …? There are major concerns with China's rapid rise because its economic and industrial structure is increasingly dependent on …
Persistent link: https://www.econbiz.de/10011009823
Boosting consumption has been a policy strategy for rebalancing the Chinese economy. The official statistics, however, show persistently declining consumption as a share of GDP during the past decade. In this paper, we provide a more complete picture of Chinese consumption by piecing together...
Persistent link: https://www.econbiz.de/10011009824
, a level that China should achieve by or soon after 2015. Among our more provocative findings is that growth slowdowns …
Persistent link: https://www.econbiz.de/10011009842