China’s continuing success hinges on its ability to repair domestic fault lines in its economy. An aging population, rural communities left behind by increasing urbanization, dependence on fossil fuels and an outdated financial system better equipped to underwrite state-owned companies than start-ups – all imperil a strong upward trajectory in the nation’s economy. Academics David Dollar, Yiping Huang and Yang Yao illuminate China’s weak spots and its way forward in this incisive analysis.
About the Authors
David Dollar is a senior fellow at the Brookings Institution. Yiping Huang and Yang Yao are professors at Peking University.