Chinese economist speaks at Harvard
In the past half-century, China has gone from poor and agrarian to wealthy and industrialized, solidifying its position as a global trading power and moving millions of its citizens into the middle class. China and the U.S. are currently locked in a trade war, with little indication that any resolution will come before the U.S. presidential election in November. Reverberations have been felt in both nations and economies around the world. The International Monetary Fund, for instance, estimated in October that global growth dropped to 3 percent, the slowest in a decade. Justin Yifu Lin is one of China’s best-known economists, an expert on that country’s economic rebirth, and former chief economist at the World Bank. Currently a dean at Peking University, Lin spoke to the Gazette on some of the dramatic changes China made to spur its growth and on current U.S.-China trade tensions. Lin will give a talk...