Resumen de Embracing China’s “New Normal”.
The article discusses economic growth in China, focusing on the slowing rate of growth of its GDP (gross domestic product) and whether the Chinese economy is likely to crash. Topics include economic diversification, economic redistribution and globalization; cost and standard of living for the average Chinese citizen; and the so-called catch-up growth model. A discussion of demand for economic inputs such as energy, the environmental cost of modernization and high-speed economic growth, and China's position in the world economy is also included.
