IPSE'S AUTHORS LAST 24h
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IPSEs IN THE LAST 24H
  • Sue Mi Terry
    Sue Mi Terry “Now is not the time to lift sanctions, either. Now, in fact, is the time to double down. If Biden wants to prevent North Korea from acting out, he needs to first provide the government with new incentives to talk-and that means new restrictions Washington can use as carrots. Biden, in other words, needs to take North Korean policy off autopilot and launch a proactive effort to deter Pyongyang. Otherwise, he risks encouraging an already emboldened Kim to stage a major provocation.” 2 hours ago
  • Christopher Cavoli
    Christopher Cavoli “Russians don't have the numbers necessary to do a strategic breakthrough. More to the point, they don't have the skill and capability to do it, to operate at the scale necessary to exploit any breakthrough to strategic advantage. They do have the ability to make local advances and they have done some of that.” 3 hours ago
  • Nazar Voloshin
    Nazar Voloshin “The situation in the Kharkiv sector remains complicated but is evolving in a dynamic manner. Our defence forces have partially stabilised the situation. The advance of the enemy in certain zones and localities has been halted.” 8 hours ago
  • Volodymyr Zelenskiy
    Volodymyr Zelenskiy “The situation in the Kharkiv region is generally under control, and our soldiers are inflicting significant losses on the occupier. However, the area remains extremely difficult.” 8 hours ago
  • Bezalel Smotrich
    Bezalel Smotrich “Defense Minister Gallant announced today his support for the establishment of a Palestinian terrorist state as a reward for terrorism and Hamas for the most terrible massacre of the Jewish people since the Holocaust.” 8 hours ago
  • Yoav Gallant
    Yoav Gallant “I must reiterate … I will not agree to the establishment of Israeli military rule in Gaza. Israel must not establish civilian rule in Gaza.” 8 hours ago
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China's economic development

Page with all the IPSEs stored in the archive related to the Context China's economic development.
The IPSEs are presented in chronological order based on when the IPSEs have been pronounced.

“Rogoff [Kenneth Rogoff] and Yang [Yuanchen Yang] also show both that housing prices in China are extremely high relative to incomes and that the real estate sector has become an incredibly large share of China's economy. None of this looks sustainable, which is why many observers worry that the debt problems of the giant property developer Evergrande are just the leading edge of a broader economic crisis.”

author
Op-Ed columnist, Distinguished Professor at the City University of New York Graduate Center, 2008 Nobel Prize in Economic Sciences
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“Evergrande's crisis is not unexpected, as its development has been influenced by hoarding capital and splashing into unrelated businesses, such as bottled water and new-energy vehicles. The market has overreacted to Evergrande's debt problem. The central government guided the direction of the domestic property market early in 2016: Houses are for people to live in, not for people to speculate on. Hence, the exposure of Evergrande's crisis underscores the authorities' firm determination to regulate a rapidly expanding sector, whose development relies on piles of debt. Those who badmouth Chinese economic prospects because of Evergrande's single case do not understand China's development model. China's future economic development relies on innovation and the real economy, rather than the short-term booster of the property sector.”

author
Professor at the Tianjin University of Finance and Economics
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