How China Can Save the World – and Itself
https://www.project-syndicate.org/commentary/china-growth-emissions-tied-to-bad-investment-model-by-gernot-wagner-and-conor-walsh-2-2023-10
With China’s economic growth slowing at the same time that its emissions continue to rise, it is clear that its carbon-intensive investment model has run its course. Chinese leaders urgently need to follow advanced economies in shifting toward greater domestic consumption and reduced energy demand.
How China Creates Its Own Market
https://www.project-syndicate.org/commentary/china-development-strategy-shift-from-export-to-import-promotion-by-zhang-jun-2023-10
China’s export-driven economic model, which fueled its rapid GDP growth over the past three decades, has been yielding diminishing returns. But as the Chinese economy shifts toward a new strategy based on boosting household consumption, the development of its domestic market has been slower than anticipated.
https://www.project-syndicate.org/commentary/china-growth-emissions-tied-to-bad-investment-model-by-gernot-wagner-and-conor-walsh-2-2023-10
With China’s economic growth slowing at the same time that its emissions continue to rise, it is clear that its carbon-intensive investment model has run its course. Chinese leaders urgently need to follow advanced economies in shifting toward greater domestic consumption and reduced energy demand.
How China Creates Its Own Market
https://www.project-syndicate.org/commentary/china-development-strategy-shift-from-export-to-import-promotion-by-zhang-jun-2023-10
China’s export-driven economic model, which fueled its rapid GDP growth over the past three decades, has been yielding diminishing returns. But as the Chinese economy shifts toward a new strategy based on boosting household consumption, the development of its domestic market has been slower than anticipated.