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business Scmp World 2026-05-03

Economist Bai Chongen Discusses China's New Economic Paradigm and Bridging the US Tech Gap

Prominent Chinese economist Bai Chongen, dean of Tsinghua University's School of Economics and Management, shares insights on how China can prevent "Japanification" and foster innovation to challenge the US tech lead. He also touches upon the "China shock 2.0" phenomenon.

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