In a new book, NCUSCR Vice Chair Nicholas R. Lardy of the Peterson Institute for International Economics draws upon new data to trace how Chinese President Xi Jinping’s support of state-owned enterprises has begun to diminish the role of the market and private firms in China’s economy. Dr. Lardy argues that China has the potential to match growth rates from previous decades, but only if it returns to a path of market-oriented reforms. At a National Committee corporate member luncheon on March 8, 2019, Dr. Lardy discussed the impact of revived state control over China’s economy, and prospects for future growth.
The State Strikes Back: The End of Economic Reform in China?
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VIDEO: Dr. Nicholas R. Lardy draws upon new data to trace the impact of revived state control over China’s economy, and prospects for future growth.
Dr. Nicholas R. Lardy draws upon new data to trace the impact of revived state control over China’s economy, and prospects for future growth.