China and the End of Extrapolation

China and the End of Extrapolation
By George Magnus | Wednesday, May 01, 2013 | http://www.theglobalist.com/storyid.aspx?storyid=9981

China's economy has grown rapidly under the investment and direction of the state, which put workers and resources to productive use compared to pre-industrial China. But sooner or later, the state is going to hit a wall and growth will slow to a more typical pace — or the state will have to make major reforms and get out of the way. In a three-part series, George Magnus analyzes how China can manage this shift.