• AEA in the news
  • February 8, 2017

Projections that the Chinese economy will overtake America’s any time soon are fanciful

A view of the Lujiazui business district in Shanghai, China.


A column in City A.M. highlighted a recent article about China’s future growth prospects appearing in the Winter 2017 issue of the Journal of Economic Perspectives. In Human Capital and China's Future Growth, the authors identify potential sources of future growth like better educational opportunities for rural workers and higher-quality college options for the urban workforce. They find room for improvement, but are also pessimistic that China can maintain high growth rates around 7% per year for many years as hoped.