Presentation on theme: "The Chinese Economy: Whats the real Problem? Andong Zhu Tsinghua University IDEAs Conference on A Decade After: Recovery and Adjustment Since the East."— Presentation transcript:
The Chinese Economy: Whats the real Problem? Andong Zhu Tsinghua University IDEAs Conference on A Decade After: Recovery and Adjustment Since the East Asian Crisis 12-14 July 2007
Outline Introduction The Impacts of the Crisis on the Chinese Economy Whats the Real Problem? Conclusion
Outline Similar Story with Other Asian Countries The Chinese Story Whats the Real Problem Conclusion
Similar Story with Other Asian Countries High GDP Growth Savings Investment Gap CA Surplus High Foreign Reserves Pressure for Appreciation of the Currence Jobless Growth High Inequality Foreign Capital Penetration in the Economy ……
Sweden 25, India 32.5, United States 40.8, China 44.7, Brazil 59.1 Gini Coefficient for Chinas Income Distribution
The Increasing Inequality According to a recent study, In urban area, the top 10% familys income is 31 times of the bottom 10% familys income, rather than 9 times, as some statistics show. If we consider both the urban and rural area, the ratio is 55, rather than 21 times.