ECNS — Zhang Yuyan: How does China find its new path as a major country under the threat of the “Kindleberger Trap”?

Summary:
Professor Zhang Yuyan, Member of the Chinese Academy of Social Sciences and Senior Fellow of the Institute of World Economics and Politics, said in a W.E. Talk exclusive interview with China News Service, that Kindleberger’s research in essence is about the old “Collective Action Problem” in economics. To avoid the “Kindleberger Trap”, the international community not only needs to solve the “Collective Action Problem” by institutional reforms and innovations for a just and reasonable international order through joint efforts but also needs to dispel misgivings, strengthen cooperation, and share the responsibility for global governance to build a human community with a shared future.Important. Should-read.ECNS (Chinese official English news service)Zhang Yuyan: How does China find its new

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