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Line 560: − ==== China may escape the middle-income trap ====+ − + − *[https://www.youtube.com/watch?v=BVzPV8uDE8s How China Plans To Avoid The Middle Income Trap], 2023 video − *[https://www.youtube.com/watch?v=JOLceWgfbJ4 Can China Escape the Middle Income Trap?], Dr. Nicholas R. Lardy, Anthony M. Solomon Senior Fellow at the Peterson Institute for International Economics, video − − ==== Arguments that China will not escape the middle-income trap ==== − − *[https://archive.ph/AcvtG China Confronts the Middle-Income Trap] by Nouriel Roubini (economist), Project Syndicate, 2024 − − *[https://www.nippon.com/en/in-depth/d00922/ With “Xinomics” Caught in a Trap, China Will Not Join the Ranks of Advanced Economies], September 2023, Nippon.com
→Material related to whether China escapes the middle-income trap
The Asia Society describes the [[middle-income trap]] thusly: "The “middle-income trap” is a theory of economic development in which wages in a country rise to the point that growth potential in export-driven low-skill manufacturing is exhausted before it attains the [[Innovation|innovative]] capability needed to boost [[productivity]] and compete with developed countries in higher value-chain industries. Thus, there are few avenues for further growth — and wages stagnate."<ref>[https://asiasociety.org/new-york/china-may-be-running-out-time-escape-middle-income-trap China May Be Running Out of Time To Escape the Middle-Income Trap], Asia Society, 2017</ref>
The Asia Society describes the [[middle-income trap]] thusly: "The “middle-income trap” is a theory of economic development in which wages in a country rise to the point that growth potential in export-driven low-skill manufacturing is exhausted before it attains the [[Innovation|innovative]] capability needed to boost [[productivity]] and compete with developed countries in higher value-chain industries. Thus, there are few avenues for further growth — and wages stagnate."<ref>[https://asiasociety.org/new-york/china-may-be-running-out-time-escape-middle-income-trap China May Be Running Out of Time To Escape the Middle-Income Trap], Asia Society, 2017</ref>
'''Pro-con material related to whether or not China escapes the middle-income trap'''
*[https://english.ckgsb.edu.cn/knowledge/article/aiming-for-the-top-can-china-escape-the-middle-income-trap/ Aiming for the Top: Can China Escape the Middle Income Trap?], 2019
*[[Middle-income trap#Material related to whether or not China escapes the middle-income trap|Pro-con material related to whether or not China escapes the middle-income trap]]
== History ==
== History ==