https://www.scmp.com/rss/513363/feed Yang Wen is a Master of Public Management candidate at the Hong Kong University of Science and Technology. en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com In his 2015 memoir, Dealing with China, the former US Treasury Secretary Hank Paulson recalled an admonition from China’s Vice-President Wang Qishan during the global financial crisis: “You were my teacher, but look at your financial system, Hank. We aren’t sure we should be learning from you any more.” Over the last few decades, China has benefited from forging its own path in financial development. China resisted the neoliberal prescriptions of international institutions and the United States,... https://www.scmp.com/week-asia/opinion/article/3188664/how-chinas-hubris-led-double-debt-crisis-despite-benefits-forging?utm_source=rss_feed https://www.scmp.com/week-asia/opinion/article/3188664/how-chinas-hubris-led-double-debt-crisis-despite-benefits-forging?utm_source=rss_feed Sun, 14 Aug 2022 01:00:32 +0000