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Curated by Project Syndicate

China’s Challenges

37 commentaries

The Chinese authorities' grand policy pronouncements of recent months have given rise to serious concerns about President Xi Jinping's ability to overcome the powerful vested interests that are impeding economic rebalancing and long-term growth. Can China sustain its rapid economic and political rise, or will domestic malaise undermine its regional and global ambitions?

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  1. shiller128_Drew AngererGetty Images_NYSEUSstockmarket Drew Angerer/Getty Images

    Understanding the Pandemic Stock Market

    Robert J. Shiller

    The worse economic fundamentals and forecasts become, the more mysterious stock-market outcomes in the US appear. At a time when genuine news suggests that equity prices should be tanking, not hitting record highs, explanations based on crowd psychology, the virality of ideas, and the dynamics of narrative epidemics can shed some light.

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