Chinese economist Lu Feng on why the time is ripe for a consumption rebalance

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Lu Feng is a professor of economics and a former deputy dean at Peking University’s National School of Development. In more than 40 academic papers, six books and numerous magazine articles, he has studied issues critical to China’s economy, including the exchange rate, industrial development, food security and external imbalances. Lu has also served as an adviser to several government agencies, including the Ministry of Finance and the Ministry of Human Resources and Social Security.This...