Evan A. Feigenbaum
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China Reforms Are a Political Issue
Beijing must have the necessary political commitment to improve the pace, scope, and quality of economic reforms.
Source: CNBC
Speaking on CNBC, Carnegie’s Evan Feigenbaum explained that China’s reform agenda faces significant obstacles and must overcome the hurdles posed by an increasingly complex economy. The necessary reforms are highly interconnected and will require Beijing to balance sensitive political concerns against economic necessities, he concluded.
About the Author
Vice President for Studies
Evan A. Feigenbaum is vice president for studies at the Carnegie Endowment for International Peace, where he oversees work at its offices in Washington, New Delhi, and Singapore on a dynamic region encompassing both East Asia and South Asia. He served twice as Deputy Assistant Secretary of State and advised two Secretaries of State and a former Treasury Secretary on Asia.
- In Its Iran War Debate, Washington Has Lost the Plot in AsiaCommentary
- Beijing Doesn’t Think Like Washington—and the Iran Conflict Shows WhyCommentary
Evan A. Feigenbaum
Recent Work
More Work from Carnegie Endowment for International Peace
- From Labor Scarcity to AI Society: Governing Productivity in East AsiaArticle
The debate over AI and work too often centers on displacement. Facing aging populations and shrinking workforces, East Asian policymakers view AI not as a threat, but as a cross-sectoral workforce strategy.
Darcie Draudt-Véjares, Sophie Zhuang
- Governing AI in the Shadow of Giants: Korea’s Strategic Response to Great Power AI CompetitionArticle
In its version of an AI middle power strategy, Seoul is pursuing alignment with the United States not as an endpoint but as a strategy to build industrial and geopolitical leverage. Whether this balance holds remains an open question.
Darcie Draudt-Véjares, Seungjoo Lee
- Is China’s High-Quality Investment Output Economically Viable?Commentary
China’s rapid technological progress and its first-rate infrastructure are often cited as refuting the claim that China has been systematically overinvesting in non-productive projects for many years. In fact, as the logic of overinvestment and the many historical precedents show, the former is all-too-often consistent with the latter.
Michael Pettis
- The Much-Touted Middle Corridor Transport Route Could Prove a Dead EndCommentary
For the Middle Corridor to fulfill its promises, one of these routes must become scalable. At present, neither is.
Friedrich Conradi
- The EU Equivocating on Turkey Is Bad GeopoliticsCommentary
Following Ursula von der Leyen’s gaffe equating Turkey to Russia and China, relations with Ankara risk deteriorating even further. Without better, more consistent diplomatic messaging, how can the EU pretend to be a geopolitical power?
Sinan Ülgen