Beijing’s Banking Balloon: China’s Core Economic Challenge in the New Era

Adam Yao Liu is an Assistant Professor at Lee Kuan Yew School of Public Policy, National University of Singapore. He is a political scientist trained at Stanford University, though he doesn’t believe in disciplinary and methodological boundaries. He studies Chinese politics and political economy. His dissertation, “Building Markets within Authoritarian Institutions: The Political Economy of Banking Development in China,” won the 2020 BRICS Economic Research Award. 

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