Recommended article by Danny Quah: “Is China’s Economy Crashing? The Imminent Middle Income Trap”

In the attached article (which is originally a contribution to Boao Review) Danny Quah, LSE Professor and one of our most prominent China scholars, carefully dissects current predictions that the Chinese economy will either dramatically crash or else become ensnared in the ‘middle income trap’, and, to paraphrase Mark Twain’s response to the reports of his own death, finds them to be considerably exaggerated.

Professer Quah’s scholarly critique deserves to be read with interest.

Danny_middle income trap-Boao Review Oct.2013English Version

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