This book proposes a method for calculating China's debt based on a quantitative econometric analysis. This is conducted by measuring the relationship between China's debt size and economic growth. The conclusion that is reached is as follows: China's current debt has already exceeded the inflection point, and that means that it is now having an adverse effect on its economic performance. The book also focuses on China's debt problems as a whole, highlighting debt issues faced by different entities and industries, as well as the ratio and structure of the virtual and real economies. The contents are presented in three major principles: theory, oriented,data, and oriented policy.
This book proposes a method for calculating China's debt based on a quantitative econometric analysis. This is conducted by measuring the relationship between China's debt size and economic growth. The conclusion that is reached is as follows: China's current debt has already exceeded the inflection point, and that means that it is now having an adverse effect on its economic performance. The book also focuses on China's debt problems as a whole, highlighting debt issues faced by different entities and industries, as well as the ratio and structure of the virtual and real economies. The contents are presented in three major principles: theory, oriented,data, and oriented policy.
The profound economic transformation in China is not a linear process. It is subject to fundamental shifts in its underlying structure. One of those structural transformations will be a shift from...
From 'Dancing with the Stars' winner Emma Freedman, a coming-of-age story that draws on Emma's childhood dance experience.Ages: 9+
April Franklin is 13 years of age and has just started high...
Australia is at a much-needed turning point in work, care and family policy. Australian women, families and communities are struggling to manage the complex demands of work and care.Rapid social and...
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