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The Chinese Economy: Transitions and Growth Barry Naughton
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€�No one can forecast with confidence the future of the Chinese economy,” he said. As the world's fastest growing economy, this has amounted to a substantial gift indeed. President High growth in recent decades has boosted China's economy and confidence. Economic reform is back on the agenda,” said Barry Naughton, author of the 2006 book “The Chinese Economy: Transitions and Growth” and a professor at the University of California at San Diego. The speed of economic growth (as well as the shape) will influence multiple investment trends over coming years including the growth rate of many other emerging markets which export to China; global commodity demand growth; the sales growth rate of European and US luxury goods and cars; and the . As Chinese data continues to deteriorate, housing continues to show weakness and bad debts rise, some take solace in the fact that this is all part of China's plan to rebalance its economy and cool growth. As China accumulated economic and strategic clout, its neighbors benefited from its rapid GDP growth, which spurred their own economies. China's working age to non-working age population ratio Jane Golley. If China's economic growth rate does not slow significantly, I wouldn't expect a lot of restraint on either side. Last week saw the completion of China's leadership transition, with Xi Jinping as the new President and Li Keqiang the new Premier. In a paper, Li Zuojun, deputy director at the Development Research Center of the State Council (DRC) writes that after 30 years of rapid growth, China is beginning to restructure. Not all gifts are given freely, however. That conclusion is supported by two key factors which suggest that China's transition from high trend growth to lower trend growth is probably already underway.