Pro-Growth Policies Not Enough for Chinese Communist Party

One pillar of the Chinese Communist Party’s (CCP’s) legitimacy has been a growing economy, but strong growth is no longer enough. The CCP’s leaders now recognize that China’s export-driven economy needs to become more consumer oriented.
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Pro-Growth Policies Not Enough for Chinese Communist Party
4/26/2011
Updated:
10/1/2015

<a><img src="https://www.theepochtimes.com/assets/uploads/2015/09/RebalanceChina4_12_11__030M.JPG" alt="REBALANCE: Christopher A. McNally says that Chinese communist leaders are serious now about making changes toward a more consumption-driven economy. Dr. McNally is director of the China-U.S. Relations Program, University of Hawaii-Hilo. He spoke April 12 at the East-West Center in Washington. (Gary Feuerberg/The Epoch Times)" title="REBALANCE: Christopher A. McNally says that Chinese communist leaders are serious now about making changes toward a more consumption-driven economy. Dr. McNally is director of the China-U.S. Relations Program, University of Hawaii-Hilo. He spoke April 12 at the East-West Center in Washington. (Gary Feuerberg/The Epoch Times)" width="320" class="size-medium wp-image-1804901"/></a>
REBALANCE: Christopher A. McNally says that Chinese communist leaders are serious now about making changes toward a more consumption-driven economy. Dr. McNally is director of the China-U.S. Relations Program, University of Hawaii-Hilo. He spoke April 12 at the East-West Center in Washington. (Gary Feuerberg/The Epoch Times)