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
Topic |   US-China trade war

TOP PICKS

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
READ FULL ARTICLE
Xie Yu

Xie Yu

Xie Yu joined the Post in 2015. She is the chief China finance reporter, covering the economy and development of financial markets.