China and the Middle-Income Trap: Reshoring is the True Challenge

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Professor Julien Chaisse explains that the decline in Chinese economic activity increases its financial instability and slows the much needed reorientation of the Chinese economy. It is a risk that is amplified by the fact that China’s historic development process is navigating the trickiest of all transitions, which involves the “middle-income trap,” in which a country’s economy becomes stuck and never shifts into higher gear.

Period18 Jun 2020

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TitleChina and the Middle-Income Trap: Reshoring is the True Challenge
DescriptionProfessor Julien Chaisse explains that the decline in Chinese economic activity increases its financial instability and slows the much needed reorientation of the Chinese economy. It is a risk that is amplified by the fact that China’s historic development process is navigating the trickiest of all transitions, which involves the “middle-income trap,” in which a country’s economy becomes stuck and never shifts into higher gear.
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Media name/outletfDi Magazine
PlaceHong Kong
Date18/06/20
Linkhttps://content.yudu.com/web/43wcl/0A43wm9/fDi060720/html/index.html?origin=reader