China is stagnating in its ‘trapped transition’ – Minxin Pei
From the Financial Times, via A Glimpse of the World blog (link): Anomalies abound when we think about China’s economic transition. How, for example, has it achieved record-beating growth while lagging badly on institutional reforms? Although an initial pioneer in embracing market reforms, China today has fallen behind most former Soviet bloc countries, its large […]
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