China’s Growth Prospects
Robert Barro
China’s Growth Prospects
China’s diminished growth prospects are in the news and seem to spell bad news for just about everybody. This article assesses the evidence, arguing that China’s economic growth will be much slower from now on, reducing international trade. Perhaps the biggest challenge for China will be future political tensions in reconciling economic dreams with economic realities.
economic growth / longterm / China / forecast / middle income / convergence
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