Avoiding the Fall: China's Economic Restructuring

Avoiding the Fall: China's Economic Restructuring

The days of rapid economic growth in China are over. Mounting debt and rising internal distortions mean that rebalancing is inevitable. Beijing has no choice but to take significant steps to restructure its economy. The only question is how to proceed.

Michael Pettis debunks the lingering bullish expectations for China's economic rise and details Beijing's options. The urgent task of shifting toward greater domestic consumption will come with political costs, but Beijing must increase household income and reduce its reliance on investment to avoid a fall.

Country	USA
Brand	Brookings Institution Press
Manufacturer	Carnegie Endowment for Int'l Peace
Binding	Paperback
PartNumber	Refer to Sapnet.
Height	8.97
Length	6.08
Weight	0.6503636729
Width	0.37
ReleaseDate	2013-09-24
NumberOfItems	1

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