Jack Gao

Jack Gao

Jack Gao is a New York-based economist with the Institute for New Economic Thinking

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Opinion | China has done its part to rectify global imbalances. It’s time for the US to step up

Economist Jack Gao argues that China has rolled out social safety nets and eased restrictions to turn more of its savers into spenders, but Washington’s tax cuts and outdated views on trade are worsening its external imbalances.

16 Sep 2019 - 9:29AM

Economist Jack Gao argues that China has rolled out social safety nets and eased restrictions to turn more of its savers into spenders, but Washington’s tax cuts and outdated views on trade are worsening its external imbalances.

China has done its part to rectify global imbalances. It’s time for the US to step up