Dan Rosen is a founding partner of Rhodium Group, where he leads the China research team. He has nearly three decades of experience analyzing China’s economy and investment environment, and was a senior advisor for international economic policy at the National Economic Council and the National Security Council from 2000-01 where he was involved with China’s accession to the World Trade Organization.
Daniel Rosen.Illustration by Lauren Crow
Q: You argued in a piece published in Foreign Affairs over the summer that Xi Jinping’s time as leader has been marked by a series of attempts at economic reform, which the leadership has then backed off from when things have gotten too tough. When you look at the past year — with the crackdown on the tech sector and the decision, so far at least, not to bail out property giant Evergrande — do you think this time could be different?
A: The evidence is that this time is not different, but similar to those past episod