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- W2495891198 abstract "Abstract China's surge to become the world's second largest economy and largest trading nation contributes greatly to Asia becoming the world's largest economic system. China is the nexus of intra-Asian trade and direct investment flows. China's rapid growth in the recent decade relied on a state-directed investment model, akin to the state-run Big Push growth model. As in most big push experiences, intermediate term success leads to economic stresses. China's leaders can no longer ignore obvious signs of rising malinvestment, corporate debts, environmental degradation, and social disparity, all amid an aging population and tightening resource constraints. China's economic slowdown also forces economic adjustment upon its neighbors, rendered more difficult by China's policy ambiguity and volatility. Sill, China can be a positive long term influence in Asia, especially as it carries its market reforms to completion." @default.
- W2495891198 created "2016-08-23" @default.
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- W2495891198 date "2016-09-01" @default.
- W2495891198 modified "2023-09-27" @default.
- W2495891198 title "China in Asia" @default.
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- W2495891198 doi "https://doi.org/10.1016/j.chieco.2016.07.009" @default.
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