China’s rulers seem resigned to a slowing economy
Gone are the days when they led the world in recession-busting
In 2011 the American Economic Review published an influential article entitled “Growing like China”. Its authors, including Zheng Song of the Chinese University of Hong Kong, tried to explain the country’s distinctive pace and pattern of development. The title was as well received as the argument, echoed in a variety of papers such as “Innovating like China”, “Investing like China” and “Internationalising like China”.
This article appeared in the Finance & economics section of the print edition under the headline “Not like China”
Finance & economics September 24th 2022
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