The Reforms China Needs

Under pressure from Donald Trump’s tariffs, China might be tempted to try to stimulate aggregate demand using short-term measures, much as it did after the 2008 global economic crisis. A better strategy, however, would be to focus on structural reforms. This year marks a decade since the global financial crisis erupted. For the United States, 2018 is very different from 20 … http://bit.ly/2DCgScw

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