Sentences with phrase «chinese economic miracle»

Not exact matches

The outpouring of almost comically muddled explanations of and forecasts for the Chinese growth miracle has been an especially egregious example of the way well - intentioned economic analysis has led to, or at least encouraged, worse outcomes.

Two decades of «miracle» levels of investment - driven growth, the role of the financial sector in that growth, and the unrealistic expectations that Chinese businesses, banks, and government entities had consequently developed, reinforced by sell - side cheerleaders, made it obvious that the interlocking balance sheets that make up the Chinese economy had added what was effectively a highly «speculative» structure onto the way economic entities financed their operations.

JIA ZHANG - KE IS the moving - picture poet of the Chinese «economic miracle» and of the alienation, surreal conjunctions, wrenching displacements, broken family ties, wild hopes, and unfulfilled expectations that have come in its wake.