Munich Personal RePEc Archive

Directed social economics : China's complicated growth story

Jakhotiya, Girish (2019): Directed social economics : China's complicated growth story.

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The entire globe has, in varying measures, experienced the good and the bad impact of China’s growth story this past decade. China is hastening to project itself such that, it be viewed as the ‘global growth engine’. Whether duly or unduly, like secretly many a country would want to, China is rushing all out to replace USA from the foray and become the sole unparalleled global leader. The Chinese have already compromised with Russia, by signing a long-term contract for oil supply. China’s economic numbers and the trend displayed so far, reasonably indicates its hunger for growth. China is ambitious to grow vertically on the economic scale and horizontally on the geographic scale. This is what is likely to spell disaster for the world, especially for the democratic countries.

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