China: An Inwardly-Animated Economy

The speaker suggests that the Chinese economy is no longer an export-driven economy but instead is driven by internal demand, which results from the rapid rate of growth over the last few years. The nearest comparison is with the development of a continental economy in the United States in the second half of the nineteenth century. But the Chinese economy is growing much more rapidly than the US at that time. Crucially, massive infrastructure development and workers’ remittances back to the rural areas have transformed the economy of parts of China previously unmarked by development. As a result whole cities are growing up where not long ago there was nothing.

14 JAN

UPCOMING EVENT

Lecture: ‘Flora of the Silk Road’

Where: St. Peter’s Parish Church Hall, Eaton Square, London SW1
[Entrance at the back left-hand side of the church. The Hall is on the second floor]

Commences at 7pm

Wine, soft drinks and nibbles available from 6.15pm

Tickets: Members and their guests only. Free

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