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Titre : Beyond win–win : rethinking China’s international relationships in an era of economic uncertainty Type de document : document électronique Auteurs : Brantly Womack, Auteur Editeur : International Affairs Année de publication : 2013 Importance : 18 p Langues : Anglais (eng) Catégories : Chine Tags : Chine Développement économique Relations internationales Résumé : In July 2012 the International Monetary Fund (IMF) reduced its estimates of China’s economic growth to 8 per cent for 2012 and to 8.3 per cent for 2013.
1. Robert Zoellick, president of the World Bank, cautioned China that it must shift its economic focus away from exports and towards increasing domestic consumption.
2. Lower expectations are not good news for China, but ironically they say more about the anticipation of continuing basic strength for the Chinese economy than about its vulnerabilities.
The reason given for Zoellick’s admonition was that the world economy, and especially that of the developed world, is facing stagnation, and flat demand abroad for Chinese products dampens exports. The IMF sees the major downside risks of the world economy in Europe and the United States, and notes that economic growth in the other BRICs (Brazil, Russia and India) has also slowed. In this context China is still doing relatively well. China’s anticipated 2013 GDP increment is equal to the combined estimated increments of the other top ten national economies, as well as the size of the entire Turkish economy in 2011, the world’s seventeenth largest.3 In 2011 China’s GDP in purchasing power parity was 75 per cent that of the United States; if the IMF’s estimates are correct it will be 84 per cent in 2013, making plausible the Economist Intelligence Unit’s estimate of convergence with the US by 2016.4 Economic capacity is important in its own right and as a foundational dimension of both military power and political influence. China’s current global prominence is the result of successful domestic policies and of successful diplomacy. (...)Beyond win–win : rethinking China’s international relationships in an era of economic uncertainty [document électronique] / Brantly Womack, Auteur . - [S.l.] : International Affairs, 2013 . - 18 p.
Langues : Anglais (eng)
Catégories : Chine Tags : Chine Développement économique Relations internationales Résumé : In July 2012 the International Monetary Fund (IMF) reduced its estimates of China’s economic growth to 8 per cent for 2012 and to 8.3 per cent for 2013.
1. Robert Zoellick, president of the World Bank, cautioned China that it must shift its economic focus away from exports and towards increasing domestic consumption.
2. Lower expectations are not good news for China, but ironically they say more about the anticipation of continuing basic strength for the Chinese economy than about its vulnerabilities.
The reason given for Zoellick’s admonition was that the world economy, and especially that of the developed world, is facing stagnation, and flat demand abroad for Chinese products dampens exports. The IMF sees the major downside risks of the world economy in Europe and the United States, and notes that economic growth in the other BRICs (Brazil, Russia and India) has also slowed. In this context China is still doing relatively well. China’s anticipated 2013 GDP increment is equal to the combined estimated increments of the other top ten national economies, as well as the size of the entire Turkish economy in 2011, the world’s seventeenth largest.3 In 2011 China’s GDP in purchasing power parity was 75 per cent that of the United States; if the IMF’s estimates are correct it will be 84 per cent in 2013, making plausible the Economist Intelligence Unit’s estimate of convergence with the US by 2016.4 Economic capacity is important in its own right and as a foundational dimension of both military power and political influence. China’s current global prominence is the result of successful domestic policies and of successful diplomacy. (...)Documents numériques
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