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Catching Up?

In: China and the Global Economy Since 1840

Author

Listed:
  • Lu Aiguo

    (Chinese Academy of Social Sciences)

Abstract

Since the onset of reform, the Chinese economy has enjoyed unusually rapid growth. Some observers are even talking of another Asian ‘economic miracle’ in the making. The high GDP growth rate over a period of nearly 20 years reflects a tremendous level of sustained industrial expansion. Unlike most other transition economies, China has not been plagued by a lack of growth. On the contrary, it has sometimes had difficulty coping with the speed of growth. Several times, the government has had to take measures to allow the economy to cool down.

Suggested Citation

  • Lu Aiguo, 2000. "Catching Up?," Palgrave Macmillan Books, in: China and the Global Economy Since 1840, chapter 13, pages 162-171, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-62440-9_14
    DOI: 10.1007/978-1-349-62440-9_14
    as

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