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Three former Treasury Secretaries on the global economic outlook; An interview with David Byrne

Fareed Zakaria GPS

CHAPTER

The Slowdown in China's Economy

Adam Pozen argues that China's economic slowdown is not the result of one-offs such as the pandemic or the war in Ukraine. He points out that Xi Jinping's economic strategy, which places politics and the Communist Party above free markets and growth, has cost China dearly. American anxiety about China reminds me of similar fears about Japan's dominance in the late 1980s and early 1990s,. Paul Krugman compares the two countries and concludes that China's future path will not follow Japan's.

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