What’s Really Behind China’s Falling GDP?

July 20, 2019

The headlines grabbed attention: “China’s economy grows at slowest rate in nearly 30 years,” noted the Financial Times in a typical example. China’s GDP growth in the second quarter had slowed to 6.2%, the smallest gain since 1992, back when the country’s economy was first shifting into...

The Coming Chinese World Order

February 19, 2019

Not since the modern liberal order was born in the 1940s has the world had to grapple with the possibility of its demise — at the hands of a rising China. China and the United States remain engaged in the most serious trade dispute the world has seen in generations. Today, English remains the...

The World This Week: Can the Dragon Keep Breathing Fire?

March 06, 2016

China’s current economic model has run its course, and the country needs innovative ideas instead of yet another stimulus. The Chinese economy has been breathing fire since Deng Xiaoping initiated market-oriented reforms in 1979. Since 2015, the Chinese economy has sputtered. Its growth rate...

China’s Economy is Not Collapsing

January 22, 2016

China’s economy will not grow at double-digit rates forever, but the Asian giant is not collapsing. For three decades now, many of the world’s most insightful observers have predicted the imminent demise of China’s system. But these same three decades have also seen China confound...