What the China Pessimists Are Getting Wrong
While China is probably in a much better position than bearish observers claim, the economy would benefit if Chinese households saved less and consumed more.
Articles
Fixing China’s Real-Estate Sector
Beijing may have to take over control of property developers to contain the impact of the sector's downturn.
The Road Back to Growth in China
Barring a “black swan” event, China can achieve 6 percent GDP growth this year, argues a top Chinese economist.
China’s Fiscal Challenges
Chinese policymakers must address a flawed financing structure.
China Must Restore Growth
China’s energy crisis and the Evergrande debacle do not pose systemic risks. But the persistent slowdown in economic growth does.
China Still Needs Expansionary Economic Policy
To consolidate its post-pandemic growth momentum in 2021, China should not be in a rush to exit from expansionary fiscal and monetary policy.
China Can Spend More to Grow More
Despite growth, China’s economy still faces serious challenges, which can only be addressed with a more expansionary fiscal policy.