This is an ideal time for Chinese leaders to move the country’s growth model focus from exports and investment to qualitative internal development. It is also the time for the Chinese government to build institutional checks on state authority and boost accountability.
If China can complete this transition on both fronts, the China model will stand. But a sustained economic downturn or a lost decade or two could mark the end of the China model....
East Asia Forum
A time of test for the China model of economic growth
Suisheng Zhao | Professor and Director of the Center for China–US Cooperation at the Josef Korbel School of International Studies, University of Denver and Editor of the Journal of Contemporary China
A time of test for the China model of economic growth
Suisheng Zhao | Professor and Director of the Center for China–US Cooperation at the Josef Korbel School of International Studies, University of Denver and Editor of the Journal of Contemporary China