Commentary
Yukon Huang, Isaac B. Kardon, Matt Sheehan
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Source: Getty
In The Media
The Heat: Chinese Economy and Transnational Partnerships
In China, there is not always a significant division between those who regulate the economy and those who champion economic growth.
By Yukon Huang
Published on Jul 16, 2015
Source: CCTV
Carnegie’s Yukon Huang appeared on CCTV to talk about the recent downturn of China’s stock market and the controls that regulators put in place to stabilize the market. Huang said that while the controls are currently stabilizing the market, what will happen after the controls are lifted can only be speculated. He characterized the controls as draconian, saying that they are effectively not allowing people to sell shares and only encouraging people to buy shares.
Huang said that in China there is not as much of a division between those who regulate the economy and those who champion economic growth. He concluded that investors should expect higher stock markets in the future.
About the Author
Yukon Huang
Senior Fellow, Asia Program
Huang is a senior fellow in the Carnegie Asia Program where his research focuses on China’s economy and its regional and global impact.
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