18.06.2020
Professor Julien Chaisse, an associate member of RCCL, explains that the decline in Chinese economic activity increases its financial instability and slows the much needed reorientation of the Chinese economy. It is a risk that is amplified by the fact that China’s historic development process is navigating the trickiest of all transitions, which involves the “middle-income trap”, in which a country’s economy becomes stuck and never shifts into higher gear. Read the full article here: Jacopo Dettoni, “China and the Middle-Income Trap: Reshoring is the True Challenge”, fDi Magazine, 18 June 2020 <https://content.yudu.com/web/43wcl/0A43wm9/fDi060720/html/index.html?origin=reader>.
