China is changing strategies, setting new goals, and looking for resources to achieve them

2 june 2016 | Nezavisimaya Gazeta

China is undergoing structural reforms and serious changes that can have an impact on the entire global economy. The fast-paced growth the country has experienced for thirty years thanks to huge exports and low wages has created a number of problems, according to the Analytical Center experts Leonid Grigoriev and Anna Lobanova. These include demographics, the emergence of the so called me-generation, inequality, corruption, less than adequate structure of economic growth and, as a result, the current attempts of transition to a new growth model.

Leonid Grigoryev
Leonid Grigoryev
Chief Adviser to Head of the Analytical Center

China is undergoing structural reforms and serious changes that can have an impact on the entire global economy. The fast-paced growth the country has experienced for thirty years thanks to huge exports and low wages has created a number of problems, according to Analytical Center experts Leonid Grigoriev and Anna Lobanova. These include demographics, the emergence of the so called me-generation, inequality, corruption, less than adequate structure of economic growth and, as a result, the current attempts of transition to a new growth model.

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