Skip to content

China’s predictable slowdown: Why the economists got it wrong

China might be the world’s largest economy, at least by some estimates, but the growth that got it there is slowing. According to the International Monetary Fund, China’s GDP growth in 2014 was less than 7.4 percent, the lowest annual figure since 1980. The IMF predicts that China’s growth will continue to slow to just over 6.3 percent by 2019. And even China’s usually optimistic central government is expected to lower its sights for 2015 to around seven percent.

. . .

The full text of this article is available online at:

https://www.foreignaffairs.com/articles/china/2015-02-18/chinas-predictable-slowdown

Published inAll ArticlesArchive
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