Is China's economy slumping?: Unemployment, stock market sliding and deflation

Published February 19, 2024 at 7:40 AM CST

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The cover of "The Rise and Fall of the East." (Courtesy of Yale University Press)

Here & Now’s Scott Tong talks with Yasheng Huang, professor of global economics at Massachusetts Institute of Technology, fellow at the Wilson Center and author of “The Rise and Fall of the East: How Exams, Autocracy, Stability and Technology Brought China Success, and Why They Might Lead to Its Decline.”

Book excerpt: ‘The Rise and Fall of the East’

By Yasheng Huang

Excerpt from “The Rise and Fall of the EAST: How Exams, Autocracy, Stability, and Technology Brought China Success, and Why They Might Lead to its Decline” by Yasheng Huang ©2023. Excerpt run by permission of Yale University Press. All rights reserved.

This article was originally published on WBUR.org.