Big turning point

Author: Cheng Chaoze
Publisher:
Publish Date: 2004-05-01
Features: The author, who successfully predicted the sharp downturn of the U.S. economy in the book "What's Wrong with Asia: A Panoramic Perspective on the Asian Financial Crisis" published in 1998, now predicts that China's economy is at a major turning point in its long-wave growth cycle during the process of building a moderately prosperous society. A powerful bull market is quietly approaching. This is the first book to systematically discuss China's bull market to date, and it serves as a must-read wealth book to remind you not to miss the opportunity to reference and share in China's economic red dividend. Since 2003, China's economic growth has shown increasing endogenous variables, stable improvements in factor productivity and comprehensive development indicators, and increasingly prominent major economic structural transformations. Moving toward the goal of building a moderately prosperous society, China's economy has begun to enter a new growth cycle. We have felt that China's economy is operating on a growth-long wave trajectory, and a powerful stock market reversal is quietly approaching. This book examines the long-term trends of China's macro, meso, and microeconomies, and attempts to analyze the reasonable core of various favorable conditions for China's future economic growth, including institutional innovation during the economic leap, social openness, unique economic advantages, shortcoming-complementing projects for high-speed growth, economies of scale, and the impact of joining the WTO. These insights provide the book with pioneering research outcomes in this field in recent years. If you don't know what has happened, is happening, or will happen in China, you are equivalent to missing a rare opportunity to reference and share in the long-term red dividend of China's economic rise.