by jpitney | May 26, 2023 | China, Claremont McKenna College, Trade
Filip De Mott at Insider: China and the US are both putting national security above the economy, Minxin Pei wrote in Bloomberg. But China’s economy will suffer more, thwarting Beijing’s effort to catch up to the US, he said. “One of them has to be...
by jpitney | Aug 3, 2022 | China, Taiwan
Minxin Pei: Until relatively recently, China’s leaders viewed the situation in the Taiwan Strait as unsatisfactory but tolerable. When Taiwan was ruled by the traditionally China-friendly Kuomintang Party, China was able to pursue a gradual strategy of economic...
by jpitney | Jul 17, 2022 | China, Debt, Economic Policy
Minxin Pei at Nikkei Asia: Ever since China began to binge on debt to fuel its growth in 2009, many have wondered how long the party could go on. To the chagrin of many bearish observers, predictions of a financial crisis have not panned out. Today, China’s...
