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China’s New Growth Model: Myths and Realities
Tue, July 16th, 2013
Washington, DC
China’s falling growth rate is set to figure prominently in this year’s U.S.-China Strategic and Economic Dialogue. This trend has reinforced the prevailing view that China must employ a more balanced growth process and increase consumption to escape the middle income trap. However, lessons from other successful developing countries suggest that the path to growth may involve continued imbalances and require policy reforms that are often misunderstood.
Drawing on the results of an ongoing study, Yukon Huang and Clare Lynch discussed the myths and realities of China’s new growth model.
Carnegie does not take institutional positions on public policy issues; the views represented herein are those of the author(s) and do not necessarily reflect the views of Carnegie, its staff, or its trustees.
Event Speakers
Yukon Huang
Senior Fellow, Asia Program
Huang is a senior fellow in the Carnegie Asia Program where his research focuses on China’s economy and its regional and global impact.
Clare Lynch
Former Junior Fellow, Asia Program