this post was submitted on 21 Sep 2025
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Chapotraphouse
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Does prof Jia Genliang or other profs of similar vein have reading material?
Yes, 《国内大循环:经济发展新战略与正则选择》(The Great Internal Circulation: New Strategies and Policy Choice for Economic Development) (2020) and 《现代货币理论在中国》(Modern Monetary Theory in China) (2023) are the two major works in recent years on how trade policies and the monetary system actually work in China.
They go against the standard neoclassical thinking (need to balance the budget etc.) and focus on using political economy (what Marxian economics is called in China), MMT and List’s theories on international trade as a framework and really helped me understand a lot of the intricacies of the Chinese economic model.
In Chinese only though. I did try to translate some a while ago but I don’t have as much time to do them these days (I don’t use machine translation because they make a lot of mistakes or use weird phrases).
Thanks comrade. And funny enough I can kinda read Chinese. Somewhat. I'll give them a look with time.
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