In this book, Dr. Jun Zhang rebuts the widely-held view that Chinese ecomic growth is unsustainable due to low consumption and a reliance on exports and ermous fixed-asset investments. Though many believe this structural imbalance of the Chinese ecomy will become a serious problem in the long run, Zhang holds a bullish long-term outlook owing to China's long-term ecomic development. For Zhang, China's structural problems are greatly exaggerated and certain structures, such as regional governing entities, ensure that China will t face the same ecomic 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 ackwledging the real dangers facing China's ecomy, and offering advice on the reforms needed to ensure continued growth.
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.
Date of Publication
Chinese & English
Economics: Professional & General
Place of Publication
Country of Publication
16 black & white illustrations, 9 colour illustrations, 12 black & white tables, biography