China to Enjoy More Rapid Growth than Most Other Major Nations: Expert
China to Enjoy More Rapid Growth than Most Other Major Nations: Expert
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Kent Calder, director of the Edwin O. Reischauer Center for East Asian Studies at Johns Hopkins University, met the press during the Boao Forum for Asia (BFA) Annual Conference 2019 being held in Boao Town, southern China’s Hainan Province.
He believes that in terms of general trends, some deceleration of China’s economic growth is right and China’s growth, from a global perspective, has just set the pace throughout the last three decades and beyond. And its economy is still growing at more than twice the rate of that of the United States and any other major industrialized nations.
“Thanks to new applications of technology that improve efficiency, broadly speaking, I think China will sustain a rapid growth compared to most other major nations of the world in the decade to come,” says Calder.