The Chinese growth miracle: What can make it continue, what can make it go over?

Abstract

This thesis analyzes and explains China’s economic growth miracle during the last decades and predicts China’s likely long run outlook. In the first part the relevant theories are presented. And then China’s current economic development was reviewed. Advantages to keep the growth miracle and persistent challenges would lead the growth go over were both discussed. The analysis of this research revealed the difficulties for the growth miracle to continue, and provided the poignant long run growth prediction. It is deemed that previously swift growth miracle won’t last, but there’re chances that China may outperform in the future time to surprise the rest of the world.