Case | HBS Case Collection | February 2010 (Revised April 2010)

China: Getting Richer Still

by Diego A. Comin and Richard H. K. Vietor

Abstract

In the last quarter of 2009, China's GDP growth rate again approached 10%. While the global financial crisis had certainly hurt - causing layoffs of as many as 20 million factory workers - a huge stimulus package on top of continuing domestic demand had restored economic growth from its sharp, export-led stump. Now, Hu Jintao and Wen Jiabao could return their attention to job growth, income distribution, resource allocation, excessive reserve accumulation and the environment.

Keywords: History; Resource Allocation; Corporate Social Responsibility and Impact; Social Issues; Policy; Business and Government Relations; Macroeconomics; Demand and Consumers; Leading Change; Economic Growth; China;

Citation:

Comin, Diego A., and Richard H. K. Vietor. "China: Getting Richer Still." Harvard Business School Case 710-050, February 2010. (Revised April 2010.)