 Opportunity for Structural ChangesChi Lo Chapter 8 in China After the Subprime Crisis, 2010, pp 123-137 from Palgrave Macmillan Abstract: Abstract China’s economic restructuring effort had started even before the global credit quake. The subprime debacle just puts these structural shifts in the spotlight and highlights the urgency of Beijing’s rebalancing effort. The success of any structural shift in China’s growth model will ensure China’s long-term growth sustainability and provide a strong underpinning for Chinese asset values and investment returns. With a large, urbanising population1 that is growing rich, financial liberalisation will help unleash huge consumption power in the years to come, giving rise to significant economic growth investment opportunities. Contrary to common perception, there are initial signs that Beijing’s ‘expenditure-switching’ development strategy might be yielding results, with the growth in the export and investment segments slowing down while consumption growth is rising. Investment also seems to be shifting from the rich eastern seaboard to the less developed central and western regions. Keywords: Venture Capitalist; Initial Public Offering; Structural Shift; Financial Liberalisation; China Security Regulatory Commission (search for similar items in EconPapers) There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-29896-5_9 Ordering information: This item can be ordered from Access Statistics for this chapter More chapters in Palgrave Macmillan Books from Palgrave Macmillan |
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