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portada Avoiding the Fall: China's Economic Restructuring
Type
Physical Book
Language
English
Format
Paperback
Dimensions
22.8 x 15.4 x 0.9 cm
Weight
0.28 kg.
ISBN13
9780870034077

Avoiding the Fall: China's Economic Restructuring

Michael Pettis (Author) · Carnegie Endowment for International Peace · Paperback

Avoiding the Fall: China's Economic Restructuring - Pettis, Michael

New Book Imported to New Zealand
Delivery: 10 Jul - 17 Jul Shipping: 5 to 6 business days.
NZ$ 44.46
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Synopsis "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.

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