A new book on the future of China entitled The Writing on the Wall questions the prevailing view by Western economists that the populous republic is poised for global economic dominance.
To back his argument author Will Hutton points out a number of hurdles he believes will hinder the Chinese economy.
In its review of the book The New York Times summaries these as being difficulties with exchange-rate policy, financial sector issues and the inefficiency of state-owned enterprises.
For Hutton, a fundamental problem for China is its lack of democracy; a related issue is environmental destruction, which he claims is proceeding without media or public scrutiny.
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