Sustaining China's Economic Growth After the Global Financial Crisis (Electronic book text)

One of the foremost China experts in the world, Nicholas Lardy, examines China's response to the global crisis, the prospects for altering the model of economic growth that dominated the fi rst decade of this century, and the implications for the United States and the global economy of successful Chinese rebalancing. Successful rebalancing would mean China would no longer be a source of fi nancing for any ongoing US external defi cit. From a global perspective China would no longer be a source of the global economic imbalances that contributed to the recent global fi nancial crisis and great recession.