The Chinese economy, which has been a driver of global economic growth even as the United States and the European Union have worked to handle their own economic crises, is slowing down. Falling real estate prices combined with a decline in exports and consumer confidence have finally become barriers to growth in an economy that has long seemed unstoppable.
Headlines have warned of the ripple effects that a continued economic slide might have, and the two experts who spoke with Trend Lines said the downturn underscores the need for China to make some changes in its growth strategy. ...
To read the rest, sign up to try World Politics Review
- TWO WEEKS FREE.
- Cancel any time.
- After two weeks, just $11.99 monthly or $94.99/year.
Request a free trial for your office or school. Everyone at a given site can get access through our institutional subscriptions.
- World Citizen: Modi Reboots India’s Foreign Policy With ‘Zero Problems’ Approach
- The Realist Prism: Falling Energy Prices Offer New Strategic Opportunities for the U.S.
- China’s Marshall Plan: All Silk Roads Lead to Beijing?
- Global Insights: In Asia, Confusion About U.S. Priorities Threatens Goals of Pivot
- PLA Inc.: Xi’s Anti-Corruption Campaign Puts Heat on China’s Military