The Chinese economy is stuck. Following Beijing’s decision, in late 2022, to abruptly end its draconian “zero COVID” policy, many observers assumed that China’s growth engine would rapidly reignite. After years of pandemic lockdowns that brought some economic sectors to a virtual halt, reopening the country was supposed to spark a major comeback. Instead, the recovery has faltered, with sluggish GDP performance, sagging consumer confidence, growing clashes with the West, and a collaps...| Foreign Affairs
Does China have a plan to save its wobbly economy? Last week in Foreign Policy I argued that it does—but not the sort of plan most Western economists are comfortable with. Western analysts blame sl…| The Scholar's Stage
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Those who recalled their time with Qian Xuesen in Pasadena and Cambridge described him as a genius and not much more. He rubbed shoulders with luminaries like Jack Parsons, who would fall to the occult, and Frank Malina, who would be lured away by utopian communism. Qian, meanwhile, cut a conventional figure. He held himself aloof from worldly affairs.| Palladium Magazine