Holistic Transformation Leading to Sustainable Development in China

Thong Chan Kei

Creative and Knowledge Society, 2015, vol. 5, issue 1, 6-15

Abstract: China’s phenomenal economic development since 1979 has caught the attention and envy of the rest of the world. 500 million Chinese have been lifted out of poverty since then.1 Yet, it has come with a huge price which threatens not only China but the rest of the world. These challenges include corruption, environmental issues, social inequalities and a rapidly aging population. If China is not able to overcome any of these, then its development will not be sustainable and the impact will be immensely negative just as its development over the last three decades have been positive on the rest of the world.

Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:vrs:crknos:v:5:y:2015:i:1:p:6-15:n:2

DOI: 10.2478/cks-2015-0002

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