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

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."

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.