Will the bamboo bend?

Neelkanth Mishra
Aug 15, 2023 | 21:32 IST

Unlike many times earlier, the Communist leadership may not have a policy fix for China’s economic troubles this time. This has serious repercussions for the country and the world

This is not the first time that Chinese economic policymakers have faced serious challenges. To many the last 45 years might appear as a continuous period of rapid growth, but nearly every decade, radical shifts in policy were necessitated by previous reforms either running out of steam or causing distortions.

Adapting to changes and capitalising
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