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China's central government has a stronger record of pulling off politically difficult reforms than any other developing country.

Drawn from what Dan Wang said

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government What states are for and what they are worse at than markets and networks: legitimacy, moral hazard, and who may be entrusted with power.

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What Dan Wang actually said

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  1. Dan Wang

    Writer and analyst of Chinese technology and industry

    It has displayed a stronger record of reform than any other developing country, as the leadership keeps pulling off politically-difficult tasks: shrinking the state sector, re-orienting the economy towards export-led growth after WTO accession, and so on.

Added to korrents 1 Jan 2022 · How quotes work · Something wrong? Tell us

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