China can probably achieve its goal of 8 percent growth this year, but it won’t be sustainable in the long term if the economy’s overreliance on exports and fixed-asset investments doesn’t end, a prominent Chinese economist recently said at a seminar in Tokyo.
With its exports battered by the global recession, China’s economic growth fell to 6.1 percent in the first quarter of 2009 but rebounded sharply to 7.9 percent. The next question is whether that growth is sustainable or just temporary, said Yu Yongding, director of the Institute of World Economics and Politics at the Chinese Academy of Social Sciences.
Unable to view this article?
This could be due to a conflict with your ad-blocking or security software.
Please add japantimes.co.jp and piano.io to your list of allowed sites.
If this does not resolve the issue or you are unable to add the domains to your allowlist, please see out this support page.
We humbly apologize for the inconvenience.
With your current subscription plan you can comment on stories. However, before writing your first comment, please create a display name in the Profile section of your subscriber account page.