Question

1. Will China maintain its strong economic growth in the years to come? Some suggest it...

1. Will China maintain its strong economic growth in the years to come? Some suggest it will until 2050. What do you think?

Homework Answers

Answer #1

1.

I do not agree with this statement because China is exports based economy which is under pressure from last two years due to ongoing trade war with US and there are less chances that the China can continue to keep their currency at low levels for long periods.Chinese exports will be less attractive in the coming years due to higher value of China currency and also more tariffs from US on imports from China. As these exports will decline, Chinese economy can not sustain in the many years to come.

On the other hand, China has limited resources to give credit given the weak balance sheets of Chinese banks which means there will be pressure on investments which will again put negative impact on the economic growth.

I am not saying the growth will not there, but it be less in coming years.

the above will be answer..

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Is the following statement true false or uncertain? Economic growth in China will always make China...
Is the following statement true false or uncertain? Economic growth in China will always make China better off, but make its trading partners, like the United States, worse off. You must explain the reason for your answer and illustrate your answer with any relevant diagrams.
Why has the U.S. been able to grow steadily since its founding over 200 years ago?...
Why has the U.S. been able to grow steadily since its founding over 200 years ago? What do we have that supports economic growth? Offer just one idea on this. Why is it that some countries – think Africa or the Middle East- cannot seem to maintain economic growth.
1. What do you think is necessary in the US to increase economic growth? 2. Do...
1. What do you think is necessary in the US to increase economic growth? 2. Do you think that the US government should privatize remaining assets (think of the post office (negative profit for years), DMV, and Amtrak (high prices))?
Taxation, government intervention, supply and demand, and economic growth: Discuss the relationship between taxation, government intervention,...
Taxation, government intervention, supply and demand, and economic growth: Discuss the relationship between taxation, government intervention, and supply and demand and its relationship to economic growth. How do theese economic relationships differ between the United States economy and the economy in China? What advise would the United States be able to give China in order to increase these areas and grow their economy further?
What next steps do you think LUX* should take to cement its strong service culture, continue...
What next steps do you think LUX* should take to cement its strong service culture, continue service innovation, and maintain its high profitability?
One explanation for China’s rapid economic growth during the past several decades is its expansion of...
One explanation for China’s rapid economic growth during the past several decades is its expansion of policies that encourage technology transfer. By this, we mean policies such as opening up to international trade and attracting multinational corporations through various incentives that encourage the use and adoption in China of new ideas and new technologies. This question asks you to use the Solow model to study this scenario. Suppose China begins in steady state. To keep the problem simple, let’s assume...
Economists argue that some environments are more conducive to economic growth than others. One of the...
Economists argue that some environments are more conducive to economic growth than others. One of the ways economists differentiate one environment from another is in terms of its institutions. An institution is “the rules of the game in a society or, more formally, the humanly devised constraints that shape human interaction: the rules and regulations, laws, customs, and business practices of a country.” Do you agree that institutions are conducive to economic growth? If so, how? Briefly discuss.
Consider the existing economic conditions, including inflation and economic growth. Do you think the Fed should...
Consider the existing economic conditions, including inflation and economic growth. Do you think the Fed should increase interest rates, reduce interest rates, or leave interest rates at their present levels? Offer some logic and include references used to support your answer.
Some people suggest that because of the complexities and uncertainties in the business and economic environment,...
Some people suggest that because of the complexities and uncertainties in the business and economic environment, it is pointless to plan and to budget. Based on what you know from your study of management accounting, why is this bad advice? How would you respond to this issue? Make specific reference to relevant issues in the course
It has been seven years since the official end of that severe economic downturn. What is...
It has been seven years since the official end of that severe economic downturn. What is the near future of the US economy? Do you see a robust, strong growth or another recession in the near future?