Jean Pisani-Ferry: 'China lacks a macroeconomic strategy capable of correcting its persistent imbalances'
Le Monde · 9 Nov 2026

Jean Pisani-Ferry: 'China lacks a macroeconomic strategy capable of correcting its persistent imbalances'

The country suffers from an oversized and predatory industrial sector, underdeveloped services and a weakened real estate market, writes economist Jean Pisani-Ferry in his column.


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