China’s growth model is unsustainable and the country faces a sudden slowdown unless it undergoes urgent economic and political reforms, according to a renowned Chinese academic.
A scathing indictment of the country’s extraordinary growth story, written by Yu Yongding, a former member of the People’s Bank of China monetary policy committee, has been published in the state-controlled China Daily newspaper.
It points to rising social tensions, pollution, a lack of public services and an over-reliance on exports and investment, particularly in property, as threats to the nation’s economic future.
您已阅读19%（601字），剩余81%（2629字）包含更多重要信息，订阅以继续探索完整内容，并享受更多专属服务。