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200 10$aAvoiding the fall $eChina's economic restructuring /$fMichael Pettis
210  1$aWashington, District of Columbia :$cCarnegie Endowment for International Peace,$d[2013]
210  4$d©2013
215   $a1 online resource (172 p.)
300   $aDescription based upon print version of record.
311   $a0-87003-406-5 
311   $a1-299-87256-5 
320   $aIncludes bibliographical references and index.
327   $a""Front Cover""; ""Title Page""; ""Copyright Information""; ""Table of Contents""; ""Foreword""; ""The Limits of the Chinese Growth Model""; ""China's Domestic Imbalances""; ""Is Overinvestment a Problem?""; ""Monetary Policy under Financial Repression""; ""How Will China Rebalance?""; ""The Mechanics of Rebalancing""; ""How to be a China Bull""; ""What Happens if China Revalues the Renminbi?""; ""Index""; ""Back Cover""
330   $aThe days of rapid economic growth in China are over. Mounting debt and rising internal distortions mean that rebalancing is inevitable. Beijing has no choice but to take significant steps to restructure its economy. The only question is how to proceed. Michael Pettis debunks the lingering bullish expectations for China's economic rise and details Beijing's options. The urgent task of shifting toward greater domestic consumption will come with political costs, but Beijing must increase household income and reduce its reliance on investment to avoid a fall.
607   $aChina$xEconomic policy$y2000-
607   $aChina$xEconomic conditions$y2000-
608   $aElectronic books.
676   $a330.951
700   $aPettis$b Michael$0782917
712 02$aCarnegie Endowment for International Peace.
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996   $aAvoiding the fall$91738803
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300   $aIX, 381 p. :$bill. ;$c26 cm
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