Fault lines may hamper China growth

Why RAND''s economic growth forecasts for China are below consensus.

The consensus among many organizations, from supranationals to investment banks to think tanks, is that China's GDP growth rates will average 7-8% a year until 2015. These estimates are based on China's phenomenal track record, averaging 8.6% annual GDP growth since the late 1970s, a rate faster than Japan during its 'miracle' growth spurt throughout the 1970s and 1980s. At that rate, China will nearly reach America's GDP by 2025 (although even then its per capital GDP would be only 15% of the United States').

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to FinanceAsia.

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

Questions?
See here for more information on licences and prices, or contact [email protected].

Share our publication on social media
Share our publication on social media