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A Recession Is Not Always a Bad Thing
January 26, 2025

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This is the final episode of our interview with Professor Keyu Jin. She challenged the notion that China’s economy has peaked, arguing that both booms and busts are natural economic cycles. She also analyzed the role of China’s real estate sector as a quasi-financial system, explained the mystery behind China’s high savings rate, and expressed her belief that foreign investment will return if the Chinese economy rebounds.