Why China Has to Go Beyond the Existing Global System to Grow

Economists are increasingly divided over China’s economic future. Optimists emphasize its capacity for learning and rapid accumulation of human capital. Pessimists focus on the rapid decline of its demographic dividend, its high debt-to-GDP ratio, the contraction of its export markets and its industrial overcapacity. But both groups neglect a more […]

Huffington Post via CHINA US Focus http://ift.tt/1B328Nw