Summary: The nature of the People’s Republic of China’s growth slowdown is a key question for the global economy. If it’s a bump in the road, growth in China should soon return to a high rate that can help support global growth. If it reflects deeper problems, the world may have to live without the contribution that has come to be expected from China’s hard-charging economy. Economists must first determine the factors behind China’s growth, which poses statistical problems. Read the transcript https://bit.ly/2rurpP7 Read the book https://www.adb.org/publications/slowdown-prc-structural-factors-and-implications-asia About the author Harry X. Wu, professor at the Institute of Economic Research at Japan’s Hitotsubashi University. About the book editors Peter Morgan is co-chair of the Research Department at the Asian Development Bank Institute. Justin Yi-fu Lin is director of the Center for New Structural Economics, Peking University, China. Guanghua Wan is director of the Institute of World Economy, Fudan University, China. Know more about ADBI’s work on PRC https://bit.ly/2vVC0Yi https://bit.ly/2vQ3fDf
