At the end of
February 2012, the World Bank released its “China 2030” report in Beijing. The
bank’s president, Robert Zoellick, said that China’s economic growth model is
unsustainable, so significant reforms are needed. The report projects growth
down to five or six percent annually by 2030, down from the ten percent annual
growth in the thirty years up to the issuance of the report. Given the nature
of the reforms, the Chinese government officials have their work cut out for
them.
The full essay is at "Prognosis for the Chinese Economy."
