Mon premier blog

The Chinese Economy: Transitions and Growth Barry Naughton
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I travel to China fairly often, and it sure looks like a fast growing East Asian economy, even in the interior of the country. Economic growth hopefully will bring more freedom to China's people. China recorded its last double-digit growth in 2010. One of the key challenges facing China's new leaders will be how to keep the world's second largest economy on track. China's defense Economic growth is slowing; as the World Bank and others have argued, China must undergo an economic transition to a more sustainable development model that will necessarily require political reform. Recent signs show that the Chinese economy, which has maintained double-digit growth for three decades, is slowing down. During its transition to the current policy regime, it grew extremely fast, yet remains poor. Can China's economy keep growing despite recent slowdowns? China's growing military capabilities now threaten to upset that order in ways that, ironically, could complicate China's security environment at the same time as slowing economic growth intensifies its internal challenges. At a minimum it'll allow more of its citizens to buy widgets that help them get around the Great Firewall.