by Yiran Cheng
China, as the world’s second-largest economy and a rising superpower, is an integral part of the discussion if a steady state economy is ever to be achieved at a global scale. China’s environmental impact grows by the day, yet serious consideration about intentionally slowing economic growth has seldom occurred, let alone the possibility of a sustained 负增长, the Mandarin translation of “degrowth”.
This is not to say China is oblivious to its environmental toll.
The post Prospects for 负增长 Toward a Steady State Economy in China appeared first on Center for the Advancement of the Steady State Economy.