China's Economic Challenges Beyond Covid-19

3 Pages Posted: 16 Aug 2021

See all articles by Seung Lee

Seung Lee

Korea Institute for International Economic Policy

Date Written: October 29, 2020

Abstract

Since 2020, the U.S.-China trade war, economic de-globalization, and global epidemic outbreak have exacerbated the instability of the external environment in China. In response, the Chinese government has put forward the dual circulation strategy, striving to activate and expand domestic markets, and combined with the new infrastructure strategy to strengthen independent technological innovation and continue to upgrade the industrial chain. Undoubtedly, the launch of the "dual circulation and new infrastructure" strategy in China means that its current economic development model will usher in a new wave of adjustments, and bring fundamental changes to the international industrial division of labor and the global economy. It is necessary to conduct an early response assessment to ensure that we can still maintain the supply chain in the process of global industrial supply chain reorganization.

Suggested Citation

Lee, Seung, China's Economic Challenges Beyond Covid-19 (October 29, 2020). KIEP Research Paper, KIEP Opinions no. 198, Available at SSRN: https://ssrn.com/abstract=3901585 or http://dx.doi.org/10.2139/ssrn.3901585

Seung Lee (Contact Author)

Korea Institute for International Economic Policy ( email )

[30147] Building C, Sejong National Research Compl
Seoul, 370
Korea, Republic of (South Korea)

Do you have negative results from your research you’d like to share?

Paper statistics

Downloads
40
Abstract Views
338
PlumX Metrics