Inner strength key for transformation

Economy | Ed Zhang

Easy answers won't work, country needs to create environment for development

No one knows if China's leaders have read the book Antifragile: Things That Gain From Disorder (2012) by Nassim Taleb, an author widely read in the business community, whose fame was first built on The Black Swan (2007). But the central idea - resilience (the highest version of which Taleb names "antifragile") - was picked up in the official communique of the Central Economic Work Conference, the highest-level economic policy-making event in China.