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03605aam a2200445 i 4500 001 94D3EB12403511EB87AA299C42ECA4DB 003 SILO 005 20201217010015 008 191001s2020 enk b 001 0 eng 010 $a 2019044837 020 $a 1138785016 020 $a 9781138785014 035 $a (OCoLC)1122687216 040 $a DLC $b eng $e rda $c DLC $d OCLCO $d OCLCF $d YDX $d OCLCO $d CHVBK $d OCLCO $d SILO 042 $a pcc 043 $a a-cc--- 050 00 $a HC427 $b .K87 2020 100 1 $a Kwong, Charles C. L., $e author. 245 14 $a The Chinese economy and its challenges : $b transformation of a rising economic power / $c Charles C.L. Kwong. 264 1 $a Abingdon, Oxon ; $b Routledge, $c 2020. 300 $a ix, 158 pages ; $c 24 cm. 490 1 $a Routledge contemporary China series ; $v 212 504 $a Includes bibliographical references and index. 505 0 $a Transformation, initial success and challenges embedded -- The rural economy: a sector lagging behind -- State-owned enterprises: big and strong? -- The banking sector: struggle between commercial and policy loans -- China and the world: a new form of integration -- A change in development model: a key to sustained success -- Conclusion: transformation and challenges of a rising economic power: from rapid growth to sustained growth. 520 $a "The remarkable transformation of the Chinese economy in terms of its structure and growth has drawn unprecedented attention from academics, policy makers and businessmen alike. In the past four decades, China swiftly transformed from a centrally-planned to a market-oriented economy, with an economic size just behind the US and ahead of Japan. Amid commendations for China's economic success offering valuable reform and growth lessons to other developing countries, underlying challenges have been emerging, which constitute long-term risks in shaking China's sustainable success. These challenges encompass a wide range of sectors and issues such as the rural-urban divide, state monopoly, policy loans in banking sector, lack of skilled and sophisticated workers, environmental degradation, etc. This book unveils the risks and challenges embedded in China's spectacular economic success and demonstrates that effective handling of these challenges is vital for China to avoid falling into "middle-income trap". It is elucidated that feasible solutions are available to accommodate these risks and the clue of success lies on the willingness and ability of China's central leaders to implement further reforms. This book is a valuable reference for undergraduate and postgraduate students, academics, public and business policy makers, who are concerned about the current status and future development of the Chinese economy"-- $c Provided by publisher. 651 0 $a China $x Economic conditions $y 1949- 651 0 $a China $x Economic policy $y 1949- 650 7 $a Economic history. $2 fast $0 (OCoLC)fst00901974 650 7 $a Economic policy. $2 fast $0 (OCoLC)fst00902025 651 7 $a China. $2 fast $0 (OCoLC)fst01206073 650 7 $a Wirtschaft $2 gnd 650 7 $a Voraussetzung $2 gnd 650 7 $a Wirtschaftspolitik $2 gnd 651 7 $a China $2 gnd 648 7 $a Since 1949 $2 fast 776 08 $i Online version: $a Kwong, Charles C.L., $t The Chinese economy and its challenges. $d Milton Park, Abingdon, Oxon ; New York, NY : Routledge, 2020. $z 9781351051224 $w (DLC) 2019044838 830 0 $a Routledge contemporary China series ; $v 212. 941 $a 1 952 $l OVUX522 $d 20210721015450.0 956 $a http://locator.silo.lib.ia.us/search.cgi?index_0=id&term_0=94D3EB12403511EB87AA299C42ECA4DBInitiate Another SILO Locator Search