"Soaring house prices, an excessive proportion of exports as part of GDP, a high trade surplus, high saving rates, all result from the imbalanced structure of the Chinese economy, which even makes it a trouble-maker in the global economy.
Through careful analysis and global comparisons, the author of this book points out that these imbalances are caused by China's booming economy. These problems also happened in some Southeast Asian countries and regions, such as Japan and South Korea during their high-speed development period. However, these problems may be about to reach a peak. An imbalanced Chinese economy shows not terminal but growth pains. The problems occurring in this development period can be solved as the economy progresses."
|Publisher:||Hangzhou Jiwen Digital Technology Co. Ltd.|
|Sold by:||Barnes & Noble|
|File size:||1 MB|