Chinese Competitiveness and Growth Sustainability
Xu Feng Ju, Sultan Sikandar Mirza

Abstract
In 2009, China’s growth rate declined for the first time in more than a decade. Although the main reason for this fall was believed to be the 2008 recession, the Chinese economy has in fact reached a competitive crossroads where it must decide between remaining an underdog and becoming a world leader. In order to take the next step in its development, the Chinese Government and firms will have to adopt bold and innovative strategies. This paper discusses the global competition facing china and the ways in which the Chinese government and businesses can respond to this challenge in the presence of foreign firms in the local market.

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