ABSTRACT
Although Chinese economic growth continues strong, and although China coped very well with the recent global crisis, the Chinese economy faces many challenges, including how to sustain growth, how to rebalance the economy towards more domestic consumption, how to accommodate rising wages, growing social and regional inequality, and how to reform financial and monetary policies. This book examines the key challenges currently facing the Chinese economy. It considers Chinas’ increasing global impact, discusses the institutional drivers of China’s economic growth, assesses critically China’s need for structural reform, and explores issues related to sustainability and human rights.
TABLE OF CONTENTS
part I|113 pages
Understanding China's economic dynamics
chapter 1|33 pages
Sub-optimal institutions but superior growth
chapter 2|25 pages
China's real experience
chapter 3|24 pages
The “Beijing Consensus” and the “Singapore Model”
chapter 4|29 pages
The People's Bank of China during the Global Financial Crisis
part II|64 pages
China and the world
chapter 6|21 pages
Sino-African health diplomacy
part III|73 pages
China's structural reforms and the world
chapter 9|24 pages
China's outward foreign direct investment
part IV|82 pages
China's growth challenges