| ID | 137524 |
| Title Proper | Embracing China's "New Normal" |
| Other Title Information | why the economy is still on track |
| Language | ENG |
| Author | Angang, Hu |
| Summary / Abstract (Note) | It is clear by now that China’s economy is set to slow in the years to come, although economists disagree about how much and for how long. Last year, the country’s GDP growth rate fell to 7.4 percent, the lowest in almost a quarter century, and many expect that figure to drop further in 2015. Plenty of countries struggle to grow at even this pace, but most don’t have to create hundreds of millions of jobs over the next decade, as China will. So understandably, some experts are skeptical about the country’s prospects. |
| `In' analytical Note | Foreign Affairs Vol. 94, No. 3; May/Jun 2015: p.8-12 |
| Journal Source | Foreign Affairs Vol: 94 No 3 |
| Key Words | China Economy ; China - GDP ; Beijing ; China Economic Growth ; Embracing China ; PIMCO ; US - China - Economy ; Global Gains |