McKinsey Report: Five Myths about the Chinese Economy

A new report argues against five common pessimistic beliefs:

  1. China has been faking it
  2. China’s economy lacks the capacity to innovate
  3. China’s environmental degradation is at the point of no return
  4. Unproductive investment and rising debt fuels China’s rapid growth
  5. Social inequalities and disenfranchised people threaten stability

Full report available here

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