Shang-Jin Wei

China Focus

China must avoid a debt-deflation spiral

China urgently needs to avoid entrenched deflationary expectations akin to what happened in Japan after the 1980s

Geopolitics

Containing the damage of US' China policy

US economic restrictions on China are akin to a 'small yard with a high fence'

China Focus

Can China save its economic miracle?

To break the cycle of pessimism, Chinese policymakers must restore confidence in the short term. But their options are constrained
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