Prof. Park believes there is no need to declare economic calamity in China, in his opinion piece for the New York Times published online on April 8, 2014.
“…to declare calamity on the basis of these challenges belies a fundamental misunderstanding of the Chinese economy and how it is managed. … Moreover, China’s government officials are now aware of the key challenges and are taking steps to address them.”
Read the full article as well as related articles here.
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