China’s growth: what is to come?

China’s astounding growth has slowed down over the last decade.
Despite enormous progress and investment in research and
development, China’s medium-term GDP growth is expected to fall
to 2.4% by 2035. The Chinese economy will not grow much larger
than the US economy in the foreseeable future, which has
important geopolitical implications. 

In this episode of the Sound of Economics, Giuseppe Porcaro is
joined by Alicia García-Herrero and Max Zenglein to talk about
the interconnectedness of China’s long-term growth prospect and
its demographics. They discuss how economic deceleration impacts
innovation, productivity and the wider society, as well as
potential economic and foreign policy responses from the
country’s leadership. The importance and possible effects of
China’s future economic trajectory on the European Union are
explored too. 

This episode is part of the ZhōngHuá Mundus series of The Sound
of Economics. ZhōngHuá Mundus is a newsletter by Bruegel,
bringing you monthly analysis of China in the world, as seen from
Europe. Sign up now to receive it in your mailbox!

This is an output of China Horizons, Bruegel's contribution in
the project Dealing with a resurgent China (DWARC). This project
has received funding from the European Union’s HORIZON Research
and Innovation Actions under grant agreement No. 101061700.