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Curated by Project Syndicate

Is China Falling?

15 commentaries

Uncertainty about China’s economy is roiling financial markets worldwide. But just how serious is the threat to China’s long-term prospects and to global economic stability?

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  1. China’s Political Interventions
    China market collapse Hitoshi Yamada/ZumaPress

    China’s Political Interventions

    Aug 28, 2015 Koichi Hamada explains why a highly managed economy can produce more instability than a free one.

  2. What Should China Do?
    Xi Jinping Rao Aimin/ZumaPress

    What Should China Do?

    Aug 26, 2015 Michael J. Boskin underscores the danger to long-term stability implied by reversion to state control of the economy.

  3. China’s Complexity Problem
    Communist Party of China leaders Ma Zhancheng/ZumaPress

    China’s Complexity Problem

    Aug 25, 2015 Stephen S. Roach asks whether the country's leaders are juggling too many policy objectives.

  4. The New “Two Chinas” Question
    shanghai at night Shanghai/Wang Gang/ZumaPress

    The New “Two Chinas” Question

    Aug 21, 2015 Richard Haass identifies choices confronting the country's leaders that are as difficult as they are unavoidable.

  5. China’s Debt Termites
    Renminbi burnt bills epSos.de/Flickr

    China’s Debt Termites

    Aug 19, 2015 Gene Frieda highlights the risk that local government liabilities pose to the Chinese economy.

  6. The Value of China’s Devaluation
    China gold army statue Benjamin Jakabek/Flickr

    The Value of China’s Devaluation

    Aug 19, 2015 Benjamin J. Cohen concludes that China's long-term strategy for its currency remains on track.

  1. kuttab59_AFP via Getty Images_hamas war AFP via Getty Images

    The Middle East Needs a Ceasefire Now

    Daoud Kuttab explains why the latest escalation could lead to a truce instead of an all-out military showdown.
  2. moreiradasilva2_JOHN WESSELSAFP via Getty Images_internally displaced mozambique JOHN WESSELS/AFP via Getty Images

    Overcoming the Development-Project Implementation Gap

    Jorge Moreira da Silva highlights ways to strengthen the International Development Association’s already-powerful impact.
  3. diwan27_ LUIS TATOAFP via Getty Images_kenya green energy LUIS TATO/AFP via Getty Images

    Developing Countries’ Liquidity Crisis Is Not Over

    Ishac Diwan & Vera Songwe urge global policymakers to prevent mass insolvency and finance urgent climate projects.
  4. rodrik221_SAUL LOEBAFP via Getty Images_bidenintel Saul Loeb/AFP via Getty Images

    America’s Manufacturing Renaissance Will Create Few Good Jobs

    Dani Rodrik

    Many countries’ recent experiences show that boosting manufacturing employment is like chasing a fast-receding target. Automation and skill-biased technology have made it extremely unlikely that manufacturing can be the labor-absorbing activity it once was, which means that the future of “good jobs” must be created in services.

    shows why policies to boost employment in the twenty-first century ultimately must focus on services.
  5. GettyImages-148081044

    Minxin Pei on China’s economy, surveillance state, repression of dissent, and more

    Minxin Pei doubts China’s government is willing to do what is needed to restore growth, describes the low-tech approaches taken by the country’s vast security apparatus, considers the Chinese social-credit system’s repressive potential, and more.
  6. alton1_ Mark KerrisonIn Pictures via Getty Images_end genocide protest Mark Kerrison/In Pictures via Getty Images

    Who Should Decide If It’s Genocide?

    David Alton, et al. urge British policymakers to take a proactive approach to addressing mass-atrocity crimes.
  7. jlevy3_MANDEL NGANAFP via Getty Images_imfworldbankmeetings Mandel Ngan/AFP via Getty Images

    The Bretton Woods Institutions We Need

    Joaquim Levy, et al. explain how the International Monetary Fund and the World Bank can rise to current global challenges.
  8. gill6_NIPAH DENNISAFP via Getty Images_poverty NIPAH DENNIS/AFP via Getty Images

    The World Cannot Afford to Ignore the Poorest Countries

    Indermit Gill & M. Ayhan Kose warn that a growing gap between the world’s haves and have-nots will undercut global goals.
  9. summers14_TONY KARUMBAAFP via Getty Images_sudanfamine Tony Karumba/AFP via Getty Images

    The World Is Still on Fire

    Lawrence H. Summers & N.K. Singh

    For the last several years, world leaders have made big promises and laid out bold plans to mitigate the climate crisis and help the neediest countries adapt. At this year's World Bank/IMF Spring Meetings, they must demonstrate that they can fulfill these promises, rather than simply touting new ones.

    think policymakers need to get four things right to shore up the credibility of the international system.

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