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Zhang Jun

Zhang Jun

Writing for PS since 2005
56 commentaries

Zhang Jun, Dean of the School of Economics at Fudan University, is Director of the China Center for Economic Studies, a Shanghai-based think tank.

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  1. What’s Happened to China’s Economy?
    zhang57_ HECTOR RETAMALAFP via Getty Images_shanghailockdowncovid Hector Retamal/AFP via Getty Images

    What’s Happened to China’s Economy?

    Oct 5, 2022 Zhang Jun worries that weakened incentives for local-government policy innovation are undermining dynamism and growth.

  2. Why Might China Avoid Strong Inflation?
    zhang56_Zhang LingXinhua via Getty Images_li keqiang Zhang Ling/Xinhua via Getty Images

    Why Might China Avoid Strong Inflation?

    Aug 3, 2022 Zhang Jun worries that a new round of stimulus to bolster disappointing economic growth could drive up the price level.

  3. What Justifies China’s Zero-COVID Policy?
    zhang55_VCGVCG via Getty Images_shanghai lockdown VCG/VCG via Getty Images

    What Justifies China’s Zero-COVID Policy?

    May 18, 2022 Zhang Jun defends the goals and principles underpinning a strategy that has led to a six-week lockdown in Shanghai.

  4. China's Hedge Against Geopolitical Shock
    zhang54_GREG BAKERAFP via Getty Images_chinese economy GREG BAKER/AFP via Getty Images

    China's Hedge Against Geopolitical Shock

    Mar 14, 2022 Zhang Jun explains why domestic policies, rather than US measures, will determine the economy's trajectory.

  5. Why China Continues to Rise
    zhang53_HECTOR RETAMALAFP via Getty Images_chinapeople Hector Retamal/AFP via Getty Images

    Why China Continues to Rise

    Dec 17, 2021 Zhang Jun shows how the country’s large population will enable it to continue to thrive in the future.

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  1. sierakowski91_Omar MarquesGetty Images_ukrainian refugees Omar Marques/Getty Images
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    Resentment on the Western Front

    Sławomir Sierakowski thinks the Polish public needs a more open and honest conversation about refugees before resentment spirals.
  2. vives17_ Leon NealGetty Images_ftx Leon Neal/Getty Images
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    Crypto’s Well-Worn Path to Crisis

    Xavier Vives writes that, despite the novelty of the assets, the narrative of FTX’s collapse was established long ago.
  3. roubini171_Spencer PlattGetty Images_recession looming Spencer Platt/Getty Images
    7

    The Unavoidable Crash

    Nouriel Roubini anticipates a stagflationary debt crisis, owing to a dangerous combination of inflation and over-borrowing.
  4. nye236_SAUL LOEBAFP via Getty Images_biden xi SAUL LOEB/AFP via Getty Images
    1

    War Over Taiwan?

    Joseph S. Nye, Jr. considers whether a deterrence arrangement that has worked for 50 years is still sufficient.
  5. op_livingston1_Anna MoneymakerGetty Images_fed Anna Moneymaker/Getty Images
    2

    The Contested Fed

    James Livingston

    By all accounts, central banks – particularly the Fed, because the dollar is still the world’s dominant currency – already act as investment authorities. But their recent bailouts have exacerbated economic inequality, and have done little or nothing to address climate change.

     reviews three books that, each in its own way, reveal a central truth about the world’s leading central bank.
  6. pisaniferry140_Sean GallupGetty Images_cop27 Sean GallupGetty Images
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    The Economics of Mainstreaming Climate Action

    Jean Pisani-Ferry & Selma Mahfouz identify the risks and short-term costs associated with the energy transition over the next decade.
  7. haldar15_ Tayfun CoskunAnadolu Agency via Getty Images_twitter Tayfun Coskun/Anadolu Agency via Getty Images
    2

    Killing Twitter

    Antara Haldar explains what Elon Musk fundamentally misunderstands about the platform – and about free speech.
  8. emmott41_musk
    2

    The Napoleons of Big Tech

    Bill Emmott

    Recent events in the technology sector suggest that investors and lenders should be demanding a premium to cover the risk that a star entrepreneur will become an egomaniacal dictator. With each business cycle, it seems, old lessons must be relearned.

     sees in the industry’s harsh reckoning this year lessons that apparently can’t be learned often enough.
  9. BP - ftx NurPhoto / Contributor via Getty Images
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    The Crypto Emperor’s New Clothes

    The collapse of several crypto platforms this year – including the spectacular crash of the second-largest cryptocurrency exchange, FTX – has raised fundamental questions about the credibility of a digital innovation once hailed as the key to democratizing finance. Has crypto finally been exposed as a scam, or will a new, stronger crypto industry emerge from the current turmoil?

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