Thinking About China
Opinion

Europe Decides China Is a State-Owned Economy

Europe Decides China Is a State-Owned Economy
Electric cars for export waiting to be loaded on the "BYD Explorer NO.1," a domestically manufactured vessel intended to export Chinese automobiles, at Yantai port, Shandong Province, China, on Jan. 10, 2024. STR/AFP via Getty Images
Christopher Balding
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Commentary

For decades, the question on the minds of policymakers and analysts alike is what type of economy is China? Answering this question has important policy and legal implications and affects how we understand the Chinese economy. Europe seems to have finally answered this question definitively for itself and the world.

Christopher Balding
Christopher Balding
Author
Christopher Balding was a professor at the Fulbright University Vietnam and the HSBC Business School of Peking University Graduate School. He specializes in the Chinese economy, financial markets, and technology. A senior fellow at the Henry Jackson Society, he lived in China and Vietnam for more than a decade before relocating to the United States.
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