China’s Growing Growth Risks
If everything goes right for China, it will surpass the US as the world’s largest economy, at least in current dollar terms, by 2021, and its per capita income will reach that of today’s lower tier of high-income countries. But the Chinese economy faces looming risks in the coming decade.
https://prosyn.org/OnTvgzj
BEIJING – If everything goes right for China, it will surpass the United States as the world’s largest economy, in current dollar terms (and more quickly in real terms), by 2021. Its per capita income will reach that of today’s lower tier of high-income countries. But, despite its forward momentum, the Chinese economy faces looming risks in the coming decade.