Minxin Pei, a professor of government at Claremont McKenna College and a non-resident senior fellow at the German Marshall Fund of the United States, wrote ‘China’s Crony Capitalism: The Dynamics of Regime Decay’. Photo: Winson Wong
US-China trade war inactivity could lead to the ‘worst recession in recent Chinese history’, says scholar
- Political economy professor Minxin Pei says Beijing lacks the will to make radical political changes to deal with the trade war with the United States
- Also says China’s strong control of the economy will eventually backfire, with economy slowing to its lowest growth point for almost 30 years
Minxin Pei, a professor of government at Claremont McKenna College and a non-resident senior fellow at the German Marshall Fund of the United States, wrote ‘China’s Crony Capitalism: The Dynamics of Regime Decay’. Photo: Winson Wong