The Challenging Transition from Investment- to Consumption-Led Growth in China | NBER

Summary

The article outlines China's historical GDP growth sources, the shift towards investment-driven strategies, and resulting stock market turbulence. Linking economic patterns to monetary policies and real estate sector challenges, it highlights reduced growth post-COVID-19. The concept of the stock market ties in with China's economic shifts, tags like GDP, and specific periods of turbulence.