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China’s five year plan fantasy

China’s rubber-stamp legislative assembly, the National People’s Congress, is meeting today to debate — or at least to discuss — China’s economic future. Gone are the days when China hoped to catch up to Europe or surpass the United States. The goal now is to create a “moderately prosperous society” that the country aims to build one by 2020.

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The full text of this article is available online at:

http://www.aljazeera.com/indepth/opinion/2016/03/china-year-plan-fantasy-160302100819192.html

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Sydney-based globalization expert Salvatore Babones is available to speak on the Chinese economy (demographics, growth, technology), the Belt & Road Initiative, global trade networks, and Australia-China relations. Contact: s@salvatorebabones.com