China’s Failed Rebalancing
Project Syndicate · 26 Jun 2026

China’s Failed Rebalancing

Stephen S. Roach laments that the government has paid little more than lip service to its greatest macroeconomic challenge.


AI Translated Summary:
China's government has inadequately addressed its significant macroeconomic challenges, leading to a failure in rebalancing the economy. This oversight could have broader implications for global economic stability.


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