Nicholas R. Lardy always has the data. He has been tracking China's economy for decades and detailing the country's growth, reforms and developments in books such as China's Unfinished Economic Revolution (1998), Markets over Mao: The Rise of Private Business in China (2014) and The State Strikes Back: The End of Economic Reform in China? (2019). After stints at the University of Washington and Yale, Lardy found a home first at the Brookings Institution, and then, in 2003, at the Peterson Institute for International Economics. When others are debating China's rise and its global influence, Lardy is parsing the figures, painting portraits of the evolution of the country's economic system. What follows is a lightly edited Q&A about how China's recovery from Covid-19, despite a trade war and constant bickering with the U.S., has resulted in an even more formidable economic power.
Nicholas LardyIllustration by Kate Copeland
The U.S. has waged a trade war with China for much of th