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Opinion
Letzte Aktualisierung: October 12, 2021

The neglected sources of China's economic resilience

By Zhang Jun
Zhang Jun, Dean of the School of Economics at Shanghai Fudan University

Zhang Jun warns of not only paying attention to superficial phenomena of China's economy. The economist explains what underlies China's often overlooked irrepressible dynamism.

Over the last 20 years, a number of thriving technology companies have emerged in China. This has invited much speculation about the country’s scientific and technological prowess, and about its ability to innovate. Some argue that China is already nipping at America’s heels in these domains, and has become a world leader in some sectors. Others believe that China is not quite as far along as it may appear, and the government’s regulatory clampdown on tech companies will impede its continued progress. Which is it?
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