China’s Economic Slowdown: Why Stimulus Is a Bad Idea
What Beijing needs to spur growth is not greater spending or easy money, but fundamental reform
Michael Schuman
Michael Schuman writes about Asia and global economic issues as a correspondent for TIME in Beijing, China. In his 16 years as a journalist in Asia, he has reported from a dozen countries, including China, India, Japan and Indonesia. Assignments have taken him into Gobi Desert sandstorms, Malaysian mosques, Indian call centers and Chinese shirt factories and to a North Korean state dinner (complete with Kim Jong Il himself). Schuman is the author of The Miracle: The Epic Story of Asia's Quest for Wealth. Before joining TIME in 2002, he was a correspondent for the Wall Street Journal and a staff writer for Forbes. Originally from New Jersey, he has a B.A. in Asian history and political science from the University of Pennsylvania and a master of international affairs from Columbia.
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