Nicholas Lardy has written about the Chinese economy and financial sector for four decades. Photo: YouTube Nicholas Lardy has written about the Chinese economy and financial sector for four decades. Photo: YouTube
Nicholas Lardy has written about the Chinese economy and financial sector for four decades. Photo: YouTube

China puts economy at risk by spurning market-oriented reforms it once promoted, long-time observer Nicholas Lardy warns

  • The private sector has been sidelined despite Beijing’s 2013 decision to allow market forces to play a decisive role in the economy, Lardy says
  • ‘The resumption of state-led growth … and an increasingly omnipresent party are contributing to China’s growth slowdown,’ US economist writes in new book

Topic |   China economy
Nicholas Lardy has written about the Chinese economy and financial sector for four decades. Photo: YouTube Nicholas Lardy has written about the Chinese economy and financial sector for four decades. Photo: YouTube
Nicholas Lardy has written about the Chinese economy and financial sector for four decades. Photo: YouTube
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