5min chapter

GoodFellows: Conversations from the Hoover Institution cover image

Speaking Words of Wisdom

GoodFellows: Conversations from the Hoover Institution

CHAPTER

Is Shesan Ping's China Crisis Coming?

I don't expect a china crisis collapse that's been predicted umpteen times over the last 20 or 30 years. But i do see a china slow down inevitably coming. It's almost a not clear me that they'll be able to achieve five % growth this year. Theyre problem is, in fact, what do you do with all the foreign currency you're accumulating? The big growth came from the state stepping back and letting ontrpeners and in the private sector expand. I would play by the rules, liberalized or retire. Youll keep it brief. Can ent to our questioner.

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