Can 'dual circulation' reverse China's growth slowdown?

Difficult to cut through the media buzz around Xi Jinping's new strategy

20201012 China Migrant worker Guangzhou.JPG

Migrant workers arrive at Guangzhou South Railway Station on Mar. 19: market-based allocation of resources means allowing workers to move more easily to the largest cities. © Reuters

Yukon Huang is a senior fellow at the Carnegie Endowment for International Peace. He is author of "Cracking the China Conundrum: Why Conventional Economic Wisdom is Wrong." Joshua Levy is a junior fellow at the Carnegie Endowment for International Peace.

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