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Xiao Geng

For Xiao Geng's latest contributions to The Japan Times, see below:

Dec 23, 2014

High risks, rewards in Xi's reforms

Only by addressing the weakening of investment-led growth, bureacratic inefficiencies and worsening pollution, and then shifting to an innovation-based, environmentally sustainable growth model, can China continue to prosper and ultimately achieve high-income status.

Oct 28, 2014

Time to end American financial repression

A generation of development economists owe Ronald McKinnon, who died earlier this month, a huge intellectual debt for his insight that governments like the U.S. that engage in free-market rhetoric to channel funds toward themselves hamper financial development.

Jul 8, 2014

Thomas Piketty with Chinese characteristics

As property prices have risen faster than wages and profits in manufacturing, China's top 1 percent income earners are accumulating wealth significantly faster than their counterparts in the rest of the world — and far faster than the average Chinese.

Apr 28, 2014

Governing China's 'dream'

This year's China Development Forum in Beijing revealed the clearest vision yet of how China's leaders intend to deliver the "Chinese Dream" of improving people's livelihoods, constructing a better society and strengthening the military.

Dec 29, 2013

Surprising elements of a Chinese city's success

Few people outside of China know Foshan, a city of 7 million located at the heart of the Pearl River Delta in southern China. Four surprising things have led to its ranking by the McKinsey Global Institute as the world's 13th most dynamic city.

Jul 18, 2012

East Asian miracle revisited

Almost two decades ago, the World Bank published its landmark study “The East Asian Miracle,” analyzing why East Asian economies grew faster than emerging markets in Latin America, Africa and elsewhere. These economies, the study concluded, achieved high growth rates by getting the basics ...