China is asking Western scholars for advice on building its economy

Business Insider Australia / Getty Images As the storm surrounding China’s economic prospects ebbs, Beijing is inviting selected Western scholars to give their views on the latest five-year plan and ways to avoid the middle-income trap. After almost four decades of uninterrupted growth, the Chinese economy’s ultimate fate remains a matter of debate – just as many experts forecast a rich, powerful China as those who see the communist state crumbling. As China’s growth slows amid excess ca...