Yukon Huang, Cracking the China Conundrum: Why Conventional Economic Wisdom Is Wrong

Contemplating the future of a country as vast and diverse as China has never been an easy task. As former Chinese premier Wen Jiabao famously put it, any small problem multiplied by a population of 1.3 billion can be perceived as a potential threat, while any considerable amount of financial and material resources divided by that population size may ultimately seem quite negligible. Thus it comes as no surprise that there is such a huge divide in opinions on China in general and the Chinese e...