Summary:
The standard account of China’s economic rise focuses on its state capitalism, whereby the government, endowed with huge assets, can pursue a wide-ranging industrial policy and intervene to mitigate risks. This explanation is wrong.… Project SyndicateThe Real Reason for China’s Rise Zhang Jun | Dean of the School of Economics at Fudan University and Director of the China Center for Economic Studies, a Shanghai-based think-tank
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Mike Norman considers the following as important: China rising, Sino-American rivalry
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The standard account of China’s economic rise focuses on its state capitalism, whereby the government, endowed with huge assets, can pursue a wide-ranging industrial policy and intervene to mitigate risks. This explanation is wrong.… Project SyndicateThe Real Reason for China’s Rise Zhang Jun | Dean of the School of Economics at Fudan University and Director of the China Center for Economic Studies, a Shanghai-based think-tank
Topics:
Mike Norman considers the following as important: China rising, Sino-American rivalry
This could be interesting, too:
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The standard account of China’s economic rise focuses on its state capitalism, whereby the government, endowed with huge assets, can pursue a wide-ranging industrial policy and intervene to mitigate risks. This explanation is wrong.…Project Syndicate
The Real Reason for China’s Rise
Zhang Jun | Dean of the School of Economics at Fudan University and Director of the China Center for Economic Studies, a Shanghai-based think-tank