 ANALYSIS OF THE CAUSES OF THE PROCESS OF CHINA’S GDP GROWTH DECLINE AND PERSPECTIVE SOLUTIONS. PART 1Peter Ondris ()
Almanach (Actual Issues in World Economics and Politics), 2019, vol. 14, issue 2, 22-36 Abstract: The Part 1 of this study begins with analysis of the current state of China’s economy in the first quarter 2019, when it has experienced overall economic recovery. Following is the analysis of Chinese view of the current US trade policy towards China, which many Chinese see as an attempt to weaken internal stability of the country. The goal of the first part of this study is to analyze the causes of the process of China’s GDP growth decline in the period of the Global economic crisis. It is possible to state that decline of capital inputs/investments in fixed assets is the primary cause responsible for approximately 82 % of decline of GDP growth. The second goal is the analysis if there is a risk that China will fall into an economic crisis. The results are that the risk is low, due to the fact that China is experiencing the highest GDP per capita growth rate among major world economies, and despite continual decrease possesses still high rate of gross national savings to GDP, as well as world’s highest households savings rate. Keywords: China; China’s economy; Global economic crisis; the US-China trade war; Chinese economy reforms (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:brv:almnch:v:10:y:2019:i:2:p:22-36 Access Statistics for this article More articles in Almanach (Actual Issues in World Economics and Politics) from Ekonomická univerzita, Fakulta medzinárodných vzťahov Contact information at EDIRC. |
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