China’s slowing productivity

https://www.bloomberg.com/news/articles/2017-07-13/this-is-china-s-real-economic-problem China’s GDP expanded 6.9% in the first three months of 2017, the fastest rate since the third quarter of 2015 However, total factor productivity, which grew on average of 2.7% a year from 1998 to 2007, has grown almost zero % since. By contrast, the US productivity growth has fallen from 1% to 0.5%…… Continue reading China’s slowing productivity