How Sustainable Is Chinas Economic Growth?
Is China really the economic powerhouse that some describe? How serious are China’s structural weaknesses? What role will foreign investment and foreign multinational corporations play in the Chinese economy in ten years? How will burgeoning demand for energy, raw materials, and other natural resources shape Chinese policy towards Asia? Will China rely primarily on global markets, exclusive bilateral deals, or direct control to get the inputs its economy needs? What incentives or pressures will China use to persuade Asian countries to supply it with resources? On April 21, AEI and the National Defense University continued its series of seminars addressing these and other questions relating to the growth of Chinese power and influence in Asia. Nicholas Lardy Institute for International Economics Chinese economic growth is likely to be sustainable. Critics cite a laundry list of potential problems and argue that one or more will derail Chinese economic growth. Bad loans and financial sec
