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Why Won’t Beijing Stimulate China’s Economy?

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Why Won’t Beijing Stimulate China’s Economy?
A Chinese paramilitary policeman stands guard at Tiananmen Square during the opening session of China's rubber-stamp legislature, the National People's Congress, in Beijing, on March 5, 2019. Lintao Zhang/Getty Images)
Christopher Balding
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The Chinese economy is slowing. Whether we accept the official data that China will “slow” to 5 percent growth in 2023 or look to unofficial data about the state of affairs, all agree the Chinese economy is hurting.

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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