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b"Domestic structural change is necessary if the People's Republic of China is to sustain economic growth of as high as 8% a year over the next 10 years.\\n\\nResearch published in an Asian Development Bank Institute book, Slowdown in the People\\u2019s Republic of China, Structural Factors and the Implications for Asia, found the worldwide trade slowdown that followed the global financial crisis in 2008 is mostly to blame for the recent decline in China\\u2019s growth rate.\\n\\nRead the transcript\\nhttps://bit.ly/2IH1aPj\\n\\nRead the book\\nhttps://www.adb.org/publications/slowdown-prc-structural-factors-and-implications-asia\\n\\nAbout the book editors\\nPeter Morgan is co-chair of the Research Department at the Asian Development Bank Institute.\\nJustin Yi-fu Lin is director of the Center for New Structural Economics, Peking University, China.\\nGuanghua Wan is director of the Institute of World Economy, Fudan University, China.\\n\\nKnow more about ADBI\\u2019s work on PRC\\nhttps://bit.ly/2vVC0Yi\\nhttps://bit.ly/2vQ3fDf"