Issue 140 - 02 | Getting China Right

By Arthur R. Kroeber
Published April 13, 2016 11:00 a.m.
“China’s spectacular economic growth has been one of the most significant events of the past two decades. In a single generation the nation has vaulted from impoverished backwater to the world’s second-biggest economy and biggest trading nation. Its growth has lifted hundreds of millions of people out of poverty, transformed global supply chains, and created great wealth. But the introduction of China’s enormous working population into the world labor force has also helped depress wages in developed countries, and its huge capital flows have brought a new and potentially destabilizing force into the world’s financial markets.

For all these reasons and more, it’s crucial to get China right. We need to understand how China works (and how it doesn’t), why it works the way it does, where it might be headed in the coming years, and what this means for the rest of the world.”

About Arthur R. Kroeber | Arthur R. Kroeber is founding partner of Gavekal Dragonomics, a China-focused economic research consultancy he established in Beijing in 2002 after 15 years as a freelance financial journalist in Asia and editor of its flagship publication China Economic Quarterly. He is also head of research at the firm’s parent company Gavekal, where he advises financial, corporate, and government clients on economic and political developments in China. Kroeber is a senior non-resident fellow of the Brookings-Tsinghua Center for Public Policy, adjunct professor at Columbia University’s School of International and Public Affairs, and a member of the National Committee on US-China relations.

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