The China Syndrome
China’s size and promise have long enthralled the world.
- The dream of penetrating China’s market was colourfully captured in the words of a British commentator in the 1840s:
“If we could only persuade every person in China to lengthen his shirt-tail by a foot, we could keep the mills of Lancashire working around the clock” - Well, war, revolution, and central planning quickly laid to rest that fantasy.
Tagged in:
Acceptance
China size growth and rapid integration
Chinese demand for capital goods
Develop deeper and broader capital markets
Enhance countries attractiveness
Improving competitiveness and efficiency
Laying foundation for sustainability and vibrancy
New production network
Rebalancing away from investment
Rebalancing towards consumption
Right mix of structural reform programme
Source of future productivity growth