Why Beijing Is Keeping Its Wallet Closed
The Chinese government has long been reluctant to pursue what seems an obvious fix for the economy: Giving consumers more cash.
Lizzi C. Lee is a Fellow on Chinese Economy at the Asia Society Policy Institute’s (ASPI) Center for China Analysis (CCA). She is an economist turned journalist, and graduated from MIT’s Ph.D. program in Economics before joining the New York-based independent Chinese media outlet Wall St TV.