China’s Rise and Its Implications for the Global Economy

Jitaru Loredana () and Popescul Lorena Florentina ()
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Jitaru Loredana: “Alexandru Ioan Cuza†University of Iași
Popescul Lorena Florentina: “Alexandru Ioan Cuza†University of Iași

Ovidius University Annals, Economic Sciences Series, 2017, vol. XVII, issue 1, 46-50

Abstract: Since 1978, the world has been witnessing China’s formidable growth at an average growthyearly rate of about 10%. Even when the world economy was affected by the global economicfinancialcrisis, China’s economy grew 9-10% per year. The objective of this study is to provide acomplex view of the Chinese economic growth and to identify the effects of this growth on theworld economy. To that effect, this paper is structured in two parts. In the first part, we analysedthe evolution of the Chinese economic growth and the drivers of this spectacular growth. In thesecond part, we identified and analysed the implications of this growth for the global economy. Toachieve our objective, we used the method of documentary research.

Keywords: China; economic growth; implications; world economy (search for similar items in EconPapers)
JEL-codes: F43 F63 O44 (search for similar items in EconPapers)
Date: 2017
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