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Ep189: Rebooting China's Economy — Lessons from the 2008 Crisis

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Manage episode 481405333 series 3380239
Content provided by China In Context and SOAS China Institute. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by China In Context and SOAS China Institute or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.
In the face of Donald Trump's tariffs, will China's plans to boost its domestic consumer economy succeed — or could the government in Beijing be tempted to introduce massive stimulus measures, as it did after the financial crisis in 2008? In this episode of China in Context, leading scholar Yasheng Huang, professor of global economics and management at MIT's Sloan School of Management, explains why China's political resilience in a trade war may be greater than its economic resilience — and argues that, despite the current obsession with high technology, reforms of land ownership and the rights of rural citizens and migrant labourers could be key to China’s long term economic prosperity. Professor Huang's forthcoming book, Statism with Chinese Characteristics — a revised version of his 2008 work Capitalism with Chinese Characteristics — draws on lessons from China's response to the 2008 crisis to highlight the country's current challenges. ________________________________________ The views and opinions expressed on this podcast are those of the speakers and are not necessarily those of the SOAS China Institute. ________________________________________ Music credit: Sappheiros / CC BY 3.0
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189 episodes

Artwork
iconShare
 
Manage episode 481405333 series 3380239
Content provided by China In Context and SOAS China Institute. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by China In Context and SOAS China Institute or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.
In the face of Donald Trump's tariffs, will China's plans to boost its domestic consumer economy succeed — or could the government in Beijing be tempted to introduce massive stimulus measures, as it did after the financial crisis in 2008? In this episode of China in Context, leading scholar Yasheng Huang, professor of global economics and management at MIT's Sloan School of Management, explains why China's political resilience in a trade war may be greater than its economic resilience — and argues that, despite the current obsession with high technology, reforms of land ownership and the rights of rural citizens and migrant labourers could be key to China’s long term economic prosperity. Professor Huang's forthcoming book, Statism with Chinese Characteristics — a revised version of his 2008 work Capitalism with Chinese Characteristics — draws on lessons from China's response to the 2008 crisis to highlight the country's current challenges. ________________________________________ The views and opinions expressed on this podcast are those of the speakers and are not necessarily those of the SOAS China Institute. ________________________________________ Music credit: Sappheiros / CC BY 3.0
  continue reading

189 episodes

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