Articles by Andrew Sheng and Xiao Geng
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China’s Trial-and-Error Economy
Andrew Sheng and Xiao Geng – Project Syndicate,
30 Mar 2015
The key to understanding China’s development path is to grasp the process of trial and error that has long guided policymaking. In such a context of experimentation, mistakes are to be expected; what matters is how the country’s leaders respond to them.
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