Preprint Article Version 1 NOT YET PEER-REVIEWED

China’s economy growth prospects and its potential drivers of future

Version 1 : Received: 20 June 2017 / Approved: 20 June 2017 / Online: 20 June 2017 (11:18:07 CEST)

How to cite: BEKA BE NGUEMA, J. China’s economy growth prospects and its potential drivers of future. Preprints 2017, 2017060095 (doi: 10.20944/preprints201706.0095.v1). BEKA BE NGUEMA, J. China’s economy growth prospects and its potential drivers of future. Preprints 2017, 2017060095 (doi: 10.20944/preprints201706.0095.v1).

Abstract

The purpose of this paper is to apply China’s economy growth prospects and its potential drivers of future. China's fast rise and its growth model have accelerated important existing structural trends in the global economy and made them decisive characteristics of the world economy. China's role in the world economy over the coming decades, an exercise which would not be possible without an investigation of the prospects for China's continued economic rise. On the one hand, China is a large export market for the United States. A lot of U.S. firms use China as the final destination of assembly in their global supply chain networks. China’s huge holdings of U.S. Treasury securities support the federal government finance its budget failures. However, some analysts contend that China consolidates a number of distortive economic policies such as protectionist industrial policies and an undervalued currency that undermine U.S. economic interests. They warn that efforts by the Chinese government to promote indigenous innovation, often through the use of subsidies and other distortive measures, could negatively affect many leading U.S. industries

Subject Areas

China;economic growth;export market;economic policy; potential drivers

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