Journal Article

Is China due for a slowdown?


Abstract: Many analysts have predicted that a Chinese economic slowdown is inevitable because the country is approaching the per capita income at which growth in other countries began to decelerate. However, China may escape such a slowdown because of its uneven development. An analysis based on episodes of rapid expansion in four other Asian countries suggests that growth in China?s more developed provinces may slow to 5.5% by the close of the decade. But growth in the country?s less-developed provinces is expected to run at a robust 7.5% pace.

Keywords: Economic conditions - China;

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Bibliographic Information

Provider: Federal Reserve Bank of San Francisco

Part of Series: FRBSF Economic Letter

Publication Date: 2012

Order Number: 31