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China’s economy has entered ‘new new normal’, leading policy adviser warns in call for systemic reform

September 4, 2023

By Kinling Lo

Existing labour force will struggle to match structural changes in industry, prominent economist Cai Fang says, urging further loosening of ‘hukou’ system instead.

Source: China’s economy has entered ‘new new normal’, leading policy adviser warns in call for systemic reform

    

Updated: September 4, 2023 at 12:00 am
Tags: China
◀ CNBC Daily Open: Why did the unemployment rate rise even as jobs were added?
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