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China’s Growth Prospects |
Robert Barro() |
Department of Economics, Harvard University, Cambridge, MA 02138, USA |
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Abstract China’s diminished growth prospects are in the news and seem to spell bad news for just about everybody. This article assesses the evidence, arguing that China’s economic growth will be much slower from now on, reducing international trade. Perhaps the biggest challenge for China will be future political tensions in reconciling economic dreams with economic realities.
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Keywords
economic growth
longterm
China
forecast
middle income
convergence
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Issue Date: 08 June 2016
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