China discourages trend-chasing among officials, warning of ‘involution’
As the period covered by China’s next five-year plan begins, the official newspaper of the country’s ruling Communist…
Open Questions | Why US economist Nicholas Lardy thinks the ‘peak China’ theory has peaked
Nicholas Lardy is a non-resident senior fellow at the Peterson Institute for International Economics and a member of…
Why China’s anti-involution fight could be less punchy than 2015’s supply-side reform
China’s intensified fight against cutthroat, low-quality price competition – known as involution – is unlikely to result in…