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China’s Go-It-Alone Five-Year Plan

First published: Project Syndicate 25/03/2020

This year’s meeting of China’s legislature, the National People’s Congress, was one of the most important in recent times. China is facing its most hostile external environment in decades, with a growing number of countries pushing back against its political repression and coercive diplomacy. And the imperative of reshaping its economic-development model is more urgent than ever. While China’s leaders now shun all mention of the so-called middle-income trap, their determination to avoid this looming threat is clear. Read on….https://www.project-syndicate.org/commentary/china-self-reliance-5-year-plan-by-george-magnus-2021-03