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Is China's economy slumping?: Unemployment, stock market sliding and deflation

The cover of "The Rise and Fall of the East." (Courtesy of Yale University Press)
The cover of "The Rise and Fall of the East." (Courtesy of Yale University Press)

Here & Now’s Scott Tong talks with Yasheng Huang, professor of global economics at Massachusetts Institute of Technology, fellow at the Wilson Center and author of “The Rise and Fall of the East: How Exams, Autocracy, Stability and Technology Brought China Success, and Why They Might Lead to Its Decline.”

Book excerpt: ‘The Rise and Fall of the East’

By Yasheng Huang

Excerpt from “The Rise and Fall of the EAST: How Exams, Autocracy, Stability, and Technology Brought China Success, and Why They Might Lead to its Decline” by Yasheng Huang ©2023. Excerpt run by permission of Yale University Press. All rights reserved. 

This article was originally published on WBUR.org.

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