Economic future of China

Syed Shahabuddin

Global Business and Economics Review, 2013, vol. 15, issue 4, 396-416

Abstract: China has achieved economic dominance and continues to surpass many developed Western countries in economic growth. In addition, many economies depend on China for their economic and financial support. This dependence cannot continue forever, and China needs to control its own destiny by reducing its economic link to other countries and relying on its own domestic consumers to continue and sustain its economic growth without any threat of outside influences. My analyses of the available data indicate that China needs to protect itself from foreign economic and political influences. To achieve independence, China needs to increase its domestic consumption by increasing consumer and government expenditures.

Keywords: China; consumption; economic growth; domestic consumers; government expenditure; consumer expenditure. (search for similar items in EconPapers)
Date: 2013
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