End of Hyper Growth in China?

1. Front Matter

   Pages i-xix

   PDF

2. China’s Transition in Its Growth Stage Will Become Steadier: A Talk with Barry Naughton

   • Jun Zhang

   Pages 1-20

3. Does a Tax-Sharing System Make Sense? Understanding China’s Growth Miracle

   • Jun Zhang

   Pages 21-49

4. The Coming Dominance of China: Fact or Fiction? (Part I)

   • Jun Zhang

   Pages 51-62

5. The Coming Dominance of China: Fact or Fiction? (Part II)

   • Jun Zhang

   Pages 63-80

6. Debunking the Myth about China’s Low Consumption

   • Jun Zhang

   Pages 81-86

7. China’s Economy in Ten More Years

   • Jun Zhang

   Pages 87-98

8. Deng Xiaoping Is Right: Understanding the New Stage in China’s Economic Development

   • Jun Zhang

   Pages 99-112

9. Crisis, Reform and China’s Long Term Growth

   • Jun Zhang

   Pages 113-143

10. Know the Future from Studying the Past: Estimation of the Potential Growth Rate and of the Tendency for Structural Change in the Chinese Economy for the Next 20 Years

    • Zhang Jun

    Pages 145-180

11. Back Matter

    Pages 181-187

    PDF

In this book, Dr. Jun Zhang rebuts the widely-held view that Chinese economic growth is unsustainable due to low consumption and a reliance on exports and enormous fixed-asset investments. Though many believe this “structural imbalance” of the Chinese economy will become a serious problem in the long run, Zhang holds a bullish long-term outlook owing to China's long-term economic development. 


For Zhang, China’s structural problems are greatly exaggerated and certain structures, such as regional governing entities, ensure that China will not face the same economic issues that Japan encountered.  Through regional competition, regional governments will persevere; Zhang predicts that China will overtake the US as a superpower. Zhang concludes by acknowledging the real dangers facing China’s economy, and offering advice on the reforms needed to ensure continued growth.
 

• china's economy
• Hyper growth
• development
• Economic transition
• Dominance of China

“This insightful volume by Jun Zhang (Fudan Univ.) seeks to rebut the view that China’s economic growth is unsustainable due to low consumption and a reliance on exports and enormous fixed-asset investments. … A list of figures, list of tables, notes, and references. Summing Up: Highly recommended. Upper-division undergraduates through faculty.” (S. K. Ma, Choice, Vol. 54 (6), February, 2017) 

• Fudan University , Shanghai, China

  Jun Zhang

Professor Jun Zhang is one of China’s leading economists and a highly sought after commentator on its economy. Recent academic contributions have been to The World Economy, China Economic Review, Economic Systems, the Journal of Asian Economics, the Journal of the Asia Pacific Economy, and the East Asian Review.

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