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China's policy: Resiliency amid risk

CGTN, 25 Aug 2022
1997 was a rude awakening for many vibrant economies in east Asia. The financial troubles started with Thailand floating the baht against the dollar. That, coupled with economic overheating and vulnerabilities due to heavy reliance on exports, hurt many of the then-budding economies of East Asia. Twenty-five years after the Asian financial crisis, CGTN brings you exclusive interviews and crucial global discussions with "Growing Pains to Building Resilience: Asian Financial Crisis, 25 Years On." Today, we talk with former Chinese Finance Minister Lou Jiwei. A savvy decision maker and witness to the financial crisis, he reflects on some dramatic moments, how China managed to handle some of the most crucial decisions then and what China can learn now.

For more:
https://www.cgtn.com/video

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