Trade Talks Episode 70: Nicholas Lardy on the Chinese Economy

Soumaya Keynes and Chad Bown sit down with Nicholas Lardy (PIIE) to talk about his new book “The State Strikes Back: The End of Economic Reform in China?” They discuss the evolution of Chinese economic development since 1978, the role of the private sector, the resurgence of state-owned enterprises under President Xi, and why reform today is so hard.