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Is China's economic growth sustainable?

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China is sometimes called "The Red Dragon," but another, less common nickname for the world's third largest country is "The Kingdom of Bicycles. read more

"Yes, unless the political system becomes unstable there," says Min Ding, professor of marketing and innovation in Penn State's Smeal College of Business. China is in the midst of urbanization on an unparalleled scale, says Ding. With more than 1.3 billion citizens, China is the world's most populous country. Until the late 20th century, most of its citizens lived in villages or rural areas. read more

This seemingly miraculous growth has attracted the attention of many economists in the world. In particular, major efforts have been made to examine the role of efficiency and productivity in economic growth in the postreform mainland Chinese economy and hence, to understand whether China's economic growth is sustainable or not. read more

China's economic growth is sustainable subject to the limits of its resources as in any nation. But their unprecedented, consistent economic growth is a result of decades of underachievement due to isolationist foreign policies. read more

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