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Can China rise to high income?

Huang, Yiping

Description

In 2014, China's GDP per capita reached US$7,500, but its GDP growth decelerated to 7.4 per cent from 7.7 per cent a year earlier. The combination of these two indicators raises the question of whether China will be able to continue its steady economic growth, avoid the 'middle-income trap' and become a highincome economy in the coming decade. The sustainability of Chinese growth has always been a contentious subject, but the challenge has never appeared more real than it is now because,...[Show more]

CollectionsANU Research Publications
Date published: 2016
Type: Book chapter
URI: http://hdl.handle.net/1885/228674
Book Title: Asia and the Middle-Income Trap
DOI: 10.4324/9781315677606

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