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Joseph Sternberg explains China's reform of the Hukou residency system, which has limited internal migration since the 1950s. By granting migrants access to urban social services like healthcare and education, Beijing aims to reduce high household saving
Season 8
Episode 987
Published 3 weeks ago
Description
Joseph Sternberg explains China's reform of the Hukou residency system, which has limited internal migration since the 1950s. By granting migrants access to urban social services like healthcare and education, Beijing aims to reduce high household saving rates and stimulate domestic consumption to revitalize its slowing, multi-trillion dollar communist national economy. (7)
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